10 bedroom Cave House for sale in Baza, Granada, Spain

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Ref: v2925

Property marketed by Colours of Andalucia Rusticom

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A group of 5 rural caves for reform on the hillside above the town of Baza, Granada with 49,000 sqm (12 acres) of surrounding land. Excellent cave structures to work with and great potential for rural tourism exploits, with dramatic mountain surroundings, yet within walking distance of town. Purchase this entire property for 55,000 Euros! --------------------------------- A great project for a property in a private setting with the unique opportunity to purchase 5 homes with land in this price range. Each cave has room to be converted to a 2 - 3 bedroom home. The surrounding land is in part on level farming terraces and the rest rolling hillsides. Great spot for horses and animals.

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Property Features

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10+ bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

2,500€

Final Payment of 90% on completion

49,500€

Property Purchase Expenses

Property price

55,000€

Transfer tax 10%

5,500€

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:

55,000€

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.

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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%.