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Property marketed by Olvera Properties
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Untouched for many years, entering this property is like walking back in time with many traditional features including old stables to the rear of the house which could be converted into additional accommodation.
On the ground floor is a large San Juan entrance, a sitting rooms with 3 rooms off of this which would originally have been bedrooms. These could easily be converted to modern requirements including linking a dining room to the kitchen which is currently off the exterior patio.
Up stairs there are a further 4 bedrooms, a bathroom and a small terrace leading to the upper floor of the stables. Renovation work is required to make the property properly habitable and this would include making an additional roof terrace.
This property is sensibly priced to allow the new owner scope to turn it into a large magnificent family home. We are happy to manage projects on behalf of our clients and we can arrange quotes for any work required.
Situated midway between the old and new parts of town, the position is ideal to reach all the amenities Olvera offers. The town itself is just 30 minutes from Ronda and just over an hour from both Malaga and Seville airports.
Floor Area: 150 sq.m.
Bedrooms: 4/5
Bathrooms: 2
Property Features
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- 4 bedrooms
- 2 bathrooms
- floor area 150 sqm
- bedrooms 45
- bathrooms 2
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,400€
Final Payment of 90% on completion
57,600€
Property Purchase Expenses
Property price
64,000€
Transfer tax 10%
6,400€
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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