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Ref: IC0115
Property marketed by INMO Cervera Del Maestre
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We are delighted to present an exceptional property of 12,000m2 with 3000m2 of construction that is ideal renovation. The rustic plot of 12.000m2 has a large farm building of 3000m2 which is ideal for conversion into living areas. The property is located a few kilometers from the beautiful historical village of Cervera Del Maestre or San Mateo. Heading towards the coast, a mere 20 minutes from the popular beaches of Peñiscola, Benicarlo and Vinaros. Heading towards the mountains, the property is only 30 minutes from the nature reserves and mountain ranges of Maestrazgo and Dels Port, which host numerous hiking and mountain bike routes. The location of this property really does offer everything.
The property has a vineyard that is in full production, as well as olive and fruit trees. In addition to the main building there are two warehouses of 1,200m2 each, and between these a house. The farm has water resources through two wells located on the farm, in one of the wells a windmill is installed to extract the water, water storage is also installed with a cistern of 1 million litres. In addition, the farm has a natural gas storage tank. The building of the farm is fully fenced. There is the possibility of electrical connection due to the proximity of the posts (50 meters). The property also has the plans to reform the house.
This really is a magnificent property with immense potential.
The property has a vineyard that is in full production, as well as olive and fruit trees. In addition to the main building there are two warehouses of 1,200m2 each, and between these a house. The farm has water resources through two wells located on the farm, in one of the wells a windmill is installed to extract the water, water storage is also installed with a cistern of 1 million litres. In addition, the farm has a natural gas storage tank. The building of the farm is fully fenced. There is the possibility of electrical connection due to the proximity of the posts (50 meters). The property also has the plans to reform the house.
This really is a magnificent property with immense potential.
Property Features
- 0 bedrooms
- 0 bathrooms
- 3,000m² Build size
- 12,500m² Plot size
- near beach
- close to shops
- close to golf
- garden
- terrace
- garage
- parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 10%
12,000€
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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