3 bedroom Country House for sale in Algarrobo, Málaga, Spain

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Ref: FI309

Property marketed by Inland Andalucia

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Wonderful farm of more than 4 hectares located in the town of Algarrobo, just 10 minutes from the beach near the highway and just 30 minutes from Malaga airport. This Farm consists of 740 mango trees and 1,800 avocado trees with an annual production of approximately 50,000 euros per year with the addition of a 110m2 build Finca to renovate and convert into the home of your dreams. Fully automated irrigation with well and water supply from the irrigation community. Do not hesitate to come and see it.

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Property Features

3 bedrooms
1 bathroom
110m² Build size
45,000m² Plot size
Close to Amenities
Fruit Trees
Ideal for Country Lovers
Renovation Needed
Water Deposit
Well Water

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

72,000€

Final Payment of 90% on completion

675,000€

Property Purchase Expenses

Property price

750,000€

Transfer tax 10%

75,000€

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.

Mortgage Calculator

Mortgage Amount:

750,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.