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Property marketed by Olvera Properties
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Remedio's Palace is a surprisingly palatial home constructed only 10 years ago and set in the newest neighbourhood of Olvera.
With 2 terraces a large patio and huge garage plus 5 double bedrooms and room for more this house could be adapted to a home and business very easily.
As it stands, though of modern construction Remedio's Palace reflects a lot of the tradition of Andalucian homes with wrought iron work, atrium and shaded veranda,tiling and plaster work features, it is picture perfect in every way
Ground floor comprises
Entrance hall ,Large sitting room and dining room 2 double bedrooms
Spacious family bathroom , large fitted kitchen, patio and tool room plus the garage which features a built in pit for the mechanic of the family.
First floor accommodation
3 large double bedrooms 1 with access on to the first of 2 terraces which over looks the street and views
Another full bathroom
A open large open area with moulded plaster arch features which is currently used as an extra sitting and dining space, it is very light and airy as light floods in through the atrium at roof level.
Up a final staircase and there is a spacious under roof area made up as a guest suite with seating and sleeping areas plus a small shower and utility room,there is also covered veranda terrace is to the rear of this space.
You could easily create more bedrooms on the top 2 floors and also divide up down stairs to have Remedio's Palace as an business space open to the public.
Lot Area: 330 Sq. M
Bedrooms: 5
Bathrooms: 3
Garage: 1
Year Built: 2004
Property Features
- 5 bedrooms
- 3 bathrooms
- 330m² Plot size
- lot area 330 sq m
- bedrooms 5
- bathrooms 3
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,000€
Final Payment of 90% on completion
261,000€
Property Purchase Expenses
Property price
290,000€
Transfer tax 10%
29,000€
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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