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Ref: R02075
Property marketed by Casas Almeria
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This two-storey typical Spanish cortijo is a perfect opportunity for those who are looking for a property to renovate and make their own. Located just 5 minutes from Santa María de Nieva, this village offers all the basic amenities such as a cafe bar, shop, doctors, pharmacy, school, and more. The main town of Huércal-Overa is just a further 10 minutes drive away, providing all the amenities you need.
The property is detached and offers a spacious living area with four bedrooms, one bathroom, a kitchen with a log burner, and a living and dining room all on the ground floor. The first floor consists of three rooms that can be renovated into additional bedrooms and an extra bathroom. Additionally, there is a separate building next door that can be converted into an apartment. Currently, it is one large room with a lounge and kitchen area, a fireplace, and a small bathroom.
The property also features a terrace to the front and a plot that measures approximately 700m². If desired, it would be possible to obtain the necessary permissions to install a pool. The access to the property is good, and the views of the countryside are breathtaking. Mains water and electricity are already connected, making the renovation process much easier. Overall, this property is a great investment opportunity for those who are looking for a project to create their dream home in a beautiful Spanish village.
The property is detached and offers a spacious living area with four bedrooms, one bathroom, a kitchen with a log burner, and a living and dining room all on the ground floor. The first floor consists of three rooms that can be renovated into additional bedrooms and an extra bathroom. Additionally, there is a separate building next door that can be converted into an apartment. Currently, it is one large room with a lounge and kitchen area, a fireplace, and a small bathroom.
The property also features a terrace to the front and a plot that measures approximately 700m². If desired, it would be possible to obtain the necessary permissions to install a pool. The access to the property is good, and the views of the countryside are breathtaking. Mains water and electricity are already connected, making the renovation process much easier. Overall, this property is a great investment opportunity for those who are looking for a project to create their dream home in a beautiful Spanish village.
Property Features
- 4 bedrooms
- 2 bathrooms
- 150m² Build size
- 700m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,400€
Final Payment of 90% on completion
57,600€
Property Purchase Expenses
Property price
64,000€
Transfer tax 8%
5,120€
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.
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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%.
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