5 bedroom Country House for sale in Los Villena, Alicante, Spain

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Ref: OCG-63357001

Property marketed by Olive Grove Estates

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Finca which has been spilt into various, smaller properties. The main house when finished would be 4/5 bedrooms, 2/3 bathrooms and just over 200 m2 on 2 floors. The downstairs would consist of a large open planned living/dining room with American-style kitchen. There is also a large family bathroom with shower and large bedroom/study. The upstairs area would consist of a further 4 double bedrooms and 2 bathrooms, one of which would be the ensuite for the master bedroom. All the major structure of the main house has been renewed including the roof. There is a nice 80m2 outside space to the rear of the house. This area would be perfect for a swimming pool and entertaining area. To the front of the house there is a large, roofed area that would take off to give more light to the property. There would be space for a double garage and there is also a large workshop area that could be converted into more living space or a guest suite for family.

All the planning and project are in place.

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Property Features

5 bedrooms
4 bathrooms
250m² Build size
500m² Plot size
Chain Free
Development Opportunity
Investment Opportunity

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

4,950€

Final Payment of 90% on completion

71,550€

Property Purchase Expenses

Property price

79,500€

Transfer tax 8%

6,360€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

79,500€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.