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Just below the town of Zahara in 14 hectares of rolling hillside, avocado orchards and fruit trees sits an old cortijo. The house is entered by a courtyard lined with jasmine, oleander and bougainvillea and it is soon clear from the thickness of the ancient walls that this is a slice of rural Andalusian history.
The original main part of the house features a sitting room, kitchen dining area with an old wood-fired oven, bedroom and bathroom. Stairs lead to the first floor and 2/3 bedrooms.
Outside there are many outbuildings and stables just waiting to be converted into guest accommodation. This is a perfect property investment for someone looking to establish tourist apartments in a unique location.
Zahara de la Sierra is a municipality in the province of Cadiz in the hills of Andalusia. It is perched on a mountain, overlooking a valley and a man-made lake formed by the dam that must be driven over to access the town. It is considered to be one of the pueblos blancos or 'white towns' because the overwhelming majority of the buildings are white.
Situated midway between Ronda and Seville, the town is on the edge of a Natural Park and provides access to some of Andalusia's beautiful country side but is only an hour from Malaga airport.
Lot Area: 14 Hectares
Floor Area: 300
Bedrooms: 2/3
Bathrooms: 1
Property Features
- 2 bedrooms
- 1 bathroom
- 14m² Plot size
- lot area 14 hectares
- floor area 300
- bedrooms 23
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
69,500€
Final Payment of 90% on completion
652,500€
Property Purchase Expenses
Property price
725,000€
Transfer tax 10%
72,500€
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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Spanish Property News & Updates by Spain Property Portal.com
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.