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Ref: Cortijo Quiles
Property marketed by Calida Homes Property Consultancy
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Cortijo Quiles – A wonderful project is this 235sqm 3 bedroom character farmhouse set in a hamlet in Los Quiles in a lovely valley situated just 10 minutes from the village of Oria. The property is made up of 2 houses, most of which have been restored and has a total of 3 bedrooms and 2 bathrooms. Set on a hillside it has three floors, the middle floor with access at ground level. The middle floor has 1 bedroom, 1 bathroom, lounge with open fireplace, kitchen and an additional large room yet to be restored. On the top floor there are 2 bedroom and a bathroom. From the unrestored room on the middle floor there are stairs down to the lower floor where there are 2 large rooms and access to the outside as it is set on a hillside. At this level there are some outhouses. Note that there are no fittings in the bathrooms and all power sockets and switches are missing but is being sold with both bathrooms reinstated and the electrical installation completed. The property is set within approx. 900sqm of land. Mains water and electric are connected. A wonderful setting at a bargain price.
Property Features
- 3 bedrooms
- 2 bathrooms
- 235m² Build size
- 900m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,750€
Final Payment of 90% on completion
69,750€
Property Purchase Expenses
Property price
77,500€
Transfer tax 8%
6,200€
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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