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Property marketed by Olvera Properties
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This a wonderful 500 Olivos Rural Idyll finca for sale in an amazing location with 500 productive olive trees , which give an average annual income of €30.000 .
The finca is blessed with an abundance of natural water supplies and also has distinct areas for the production of vegetables on the lower leves near the stream that flows through it , there are storage sheds , chicken houses a garage and an Alberque for water storage which has doubled as a swimming pool in summer .
The finca has mains electric to the 130 square meter single storey dwelling that nestles in the land , the house is built with modern materials and in fair condition but very basic , it would need some renovation to the interiors to make it comfortable for year round living as typically it has only been used occasionally as rural retreat for the family who have owned it for 20 years, as it stands the house has a large living space 3 bedrooms and a small bathroom, the very basic kitchen is currently accessed through a separate door of the patio but could be integrated. There is a small basement room which is used to house farming equipment.
The 500 Olivos Rural Idyll finca is fenced in its entirety and has good access being 3kms from the main road and a recently added electric gate at the entrance.
The views from the land are pretty spectacular looking up towards the Roman ruins of Acinipo the site of Roman Ronda and the surrounding rolling hills it is backed by oak forest , it is situated just 15 min drive from bustling Ronda but is an idyllic peaceful and private haven.
Ideal for someone seeking a self sufficient farm life in a peaceful location but not in isolation .
Lot Area: 50000
Floor Area: 130
Bedrooms: 3
Bathrooms: 1
Garage: 1
Property Features
- 3 bedrooms
- 1 bathroom
- 50,000m² Plot size
- Swimming Pool
- lot area 50000
- floor area 130
- bedrooms 3
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
59,500€
Final Payment of 90% on completion
562,500€
Property Purchase Expenses
Property price
625,000€
Transfer tax 10%
62,500€
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.
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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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