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Ref: R01736
Property marketed by Casas Almeria
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This property offers a unique opportunity for those seeking a spacious and versatile living space. With a total build size of 280 m², the property consists of two houses, one of which is currently habitable while the other requires renovation. The habitable house has a living room and kitchen, three bedrooms, one bathroom and a garage of 42 m². The other house once reformed can have a lounge and kitchen, two or three bedrooms and one bathroom.
Situated at the rear of the property are two warehouses, totaling 130 m², these warehouses can be repurposed for various needs, such as storage, workshops, or even converted into additional living spaces. Additionally, there is a separate third warehouse spanning an impressive 380 m², further expanding the property's potential.
Adjacent to one side of the house lies a dilapidated ruin, rendering it irreparable and ensuring a future devoid of neighbors.
The property sits on a vast plot of 49,000 m², half of the plot is dedicated to fruit trees and olive trees the remaining half comprises mountainous terrain.
In terms of utilities, the property has a water deposit installed and mains electricity connected.
A large water reservoir located approximately 100 meters from the house is used to irrigate the area.
A nearby village, just a 6-minute drive away, offers essential amenities, for a wider range of facilities and conveniences, the prominent town of Huércal-Overa can be reached within a mere 15-minute drive. Furthermore, the coast is a short 40-minute drive from the property.
Situated at the rear of the property are two warehouses, totaling 130 m², these warehouses can be repurposed for various needs, such as storage, workshops, or even converted into additional living spaces. Additionally, there is a separate third warehouse spanning an impressive 380 m², further expanding the property's potential.
Adjacent to one side of the house lies a dilapidated ruin, rendering it irreparable and ensuring a future devoid of neighbors.
The property sits on a vast plot of 49,000 m², half of the plot is dedicated to fruit trees and olive trees the remaining half comprises mountainous terrain.
In terms of utilities, the property has a water deposit installed and mains electricity connected.
A large water reservoir located approximately 100 meters from the house is used to irrigate the area.
A nearby village, just a 6-minute drive away, offers essential amenities, for a wider range of facilities and conveniences, the prominent town of Huércal-Overa can be reached within a mere 15-minute drive. Furthermore, the coast is a short 40-minute drive from the property.
Property Features
- 3 bedrooms
- 1 bathroom
- 280m² Build size
- 49,600m² Plot size
- garage
- outbuildings
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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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