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Ref: WG-66882
Property marketed by Stratus International Properties
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We are proud to present this amazing investment property in Monovar, Alicante. This huge 200,000m2 property is a money-making machine. At the moment there are just over 40,000m2 of eating grapes that bring a revenue of just over 100,000€ a year.
On the huge 200,000m2 plot you will find a 450m2, 6 bed, 3 bath main house with 2 living rooms, glassed in terrace for winter living, American style kitchen and large entertaining room with BBQ and bread oven.
 To the rear off the main house, you will find large 500m2 marble workshops with office and changing rooms. The workshops could be made into self-contained apartments which would be perfect for a Rustic hotel, BnB, or short term lets.
 Here is a list of a few features that come with the property.
HOUSE: 
- 6 Bedrooms (one with dressing room).- 3 bathrooms.- 1 outside toilet.- 1 Terrace of 20m².- 2 Garages: one with capacity for one vehicle, the other with capacity for 3 vehicles.- 2 complete kitchens.- Pergola.- Inner courtyard of 40m².- 3 fireplaces and a wood-burning oven.- Tennis court with goals.- Swimming pool of 70m³.- Reservoir of 600m³ (water for irrigation).- Reservoir of 18m³ (water for irrigation).- Cistern of 12m³ (drinking water).- Porch for 10 vehicles.- Central heating throughout the house and air conditioning. 
- 10kw self consum solar set up
WORKSHOP:
- 1 dressing room.- 1 complete bathroom.- Office of 50 m², with toilet.- 3 industrial buildings.- Transformer.- Alternator.
On the huge 200,000m2 plot you will find a 450m2, 6 bed, 3 bath main house with 2 living rooms, glassed in terrace for winter living, American style kitchen and large entertaining room with BBQ and bread oven.
 To the rear off the main house, you will find large 500m2 marble workshops with office and changing rooms. The workshops could be made into self-contained apartments which would be perfect for a Rustic hotel, BnB, or short term lets.
 Here is a list of a few features that come with the property.
HOUSE: 
- 6 Bedrooms (one with dressing room).- 3 bathrooms.- 1 outside toilet.- 1 Terrace of 20m².- 2 Garages: one with capacity for one vehicle, the other with capacity for 3 vehicles.- 2 complete kitchens.- Pergola.- Inner courtyard of 40m².- 3 fireplaces and a wood-burning oven.- Tennis court with goals.- Swimming pool of 70m³.- Reservoir of 600m³ (water for irrigation).- Reservoir of 18m³ (water for irrigation).- Cistern of 12m³ (drinking water).- Porch for 10 vehicles.- Central heating throughout the house and air conditioning. 
- 10kw self consum solar set up
WORKSHOP:
- 1 dressing room.- 1 complete bathroom.- Office of 50 m², with toilet.- 3 industrial buildings.- Transformer.- Alternator.
Property Features
- 6 bedrooms
- 3 bathrooms
- 950m² Build size
- 200,000m² Plot size
- Fenced plot
- Air Conditioning
- Central Heating
- Water Deposit
- Furnished
- Septic Tank
- Fireplace
- Electric gates
- Garage
- Mains Water
- Mains Electric
- Solar panels
- Terrace
- storage room
- Barbecue
- Private pool
- Agricultural water
- Double glazing
- Tarmac Access
- Carport
- Log Burner
- mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
67,000€
Final Payment of 90% on completion
629,996€
Property Purchase Expenses
Property price
699,995€
Transfer tax 8%
56,000€
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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