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Ref: Casa Antique
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This could be a really special property once its been updated and reformed etc. It is a character property which could work well as a small B&B but would also be great as a family home. It just needs a new kitchen fitting, bathroom updating and internal decorating. Accommodation is over 3 floors and it offers lovely views of the old town.
There are currently 4 bedrooms and a bathroom, plus 2 sitting rooms and a large terrace out the back with room for a plunge pool so a real bonus. The roof is fine so any work done will be mainly cosmetic. A really good investment at this low price, which offers a canvas of potential. Whether you wish to live here full-time or use as a holiday haven, this property is your gateway to enjoy the Andalucian dream.
The town of Martos is located on a western peak of the Sierra Jabalcuz mountain range. It belongs to the metropolitan Area of Jaén, which is considered to be the second most important city after the capital. The closest airport is Granada which is around 50 minutes away or the larger airport of Malaga is around 1 hour 3/4. Martos is considered to be the greatest producer of olive oil in Spain. The town is situated beneath the Cerro de la Peña, topped with the ruins of the castle of the same name. This compact town spreads out over the slopes of the hill, under the Castle of La Villa and the Church of Santa María. Its privileged location offers beautiful views over a vast sea of olive trees. There is a large outdoor market held weekly near the park and several fiesta's are held here throughout the year. This is the perfect town for those wishing to experience the true Spanish lifestyle.
This could be a really special property once its been updated and reformed etc. It is a character property which could work well as a small B&B but would also be great as a family home. It just needs a new kitchen fitting, bathroom updating and internal decorating. Accommodation is over 3 floors and it offers lovely views of the old town.
There are currently 4 bedrooms and a bathroom, plus 2 sitting rooms and a large terrace out the back with room for a plunge pool so a real bonus. The roof is fine so any work done will be mainly cosmetic. A really good investment at this low price, which offers a canvas of potential. Whether you wish to live here full-time or use as a holiday haven, this property is your gateway to enjoy the Andalucian dream.
The town of Martos is located on a western peak of the Sierra Jabalcuz mountain range. It belongs to the metropolitan Area of Jaén, which is considered to be the second most important city after the capital. The closest airport is Granada which is around 50 minutes away or the larger airport of Malaga is around 1 hour 3/4. Martos is considered to be the greatest producer of olive oil in Spain. The town is situated beneath the Cerro de la Peña, topped with the ruins of the castle of the same name. This compact town spreads out over the slopes of the hill, under the Castle of La Villa and the Church of Santa María. Its privileged location offers beautiful views over a vast sea of olive trees. There is a large outdoor market held weekly near the park and several fiesta's are held here throughout the year. This is the perfect town for those wishing to experience the true Spanish lifestyle.
Property Features
- View Video Tour
- 4 bedrooms
- 1 bathroom
- 185m² Build size
- Near Transport
- Renovation Needed
- In Town Center
- Walk to shops
- Walk to bars
- Walk to restaurants
- Hospital 5 Km
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
17,000€
Property Purchase Expenses
Property price
20,000€
Transfer tax 10%
2,000€
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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