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Property marketed by Olvera Properties
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We have often walked past this gorgeous property and wondered what is behind the doors.
The first School in Olvera, and later turned into a home with a very basic rustic bar on the side it is in one of our favourite streets close to the oldest area of town.
From the large entrance way and beautiful tiling you can look back to the internal patio as is typical. In many of these big houses. You have a bedroom bathroom, kitchen and sitting room with a formal reception room all on the first floor.
From the large entrance way and beautiful tiling you can look back to the internal patio as is typical. In many of these big houses. You have a bedroom bathroom, kitchen and sitting room with a formal reception room all on the first floor.
To the right of the front door, is a separate entrance, leading on into a old bar, the bar is still intact, and you can still imagine how the old boys from the local neighbourhood would have met and had a drink and a chat after work, although going to the bathroom wasn't quite so private! This could easily be turned into an apartment or holiday rental as it has its own door.
Out of the double patio doors, you come to a large in a courtyard with more outbuildings off to the left-hand side with an old rustic kitchen at the back. These would've been stables with the summer kitchen between that and the storage rooms. This area would lend itself perfectly to making a large town pool.
Upstairs, there are a few rooms that are basic more than likely used for extra family members on holidays as well as the large storage room and the terrace. There is also a very basic small bathroom on this level as you can see the house does need work, especially at the back and on the upper floors, but it would make an absolutely amazing double fronted townhouse in the centre of the old town.
The price is a great price for the amount of house that you are getting, and would likely be valued at much more, once renovated and finished, it would be an amazing home or business.
https://www.youtube.com/watch?v=3ktP-mmZlCk Youtube Virtual Viewing
Lot Area: 240
Floor Area: 400
Bedrooms: 6
Bathrooms: 2
Property Features
- 6 bedrooms
- 2 bathrooms
- 240m² Plot size
- lot area 240
- floor area 400
- bedrooms 6
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
Property Purchase Expenses
Property price
85,000€
Transfer tax 10%
8,500€
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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