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Ref: CJ852
Property marketed by Inland Andalucia
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This Cortijo with a good size outbuilding and a generous 1,913m2 plot is situated close to Algarinejo in the Granada province of Andalucia, Spain. Both properties are in need of renovation, at present there is well water but town water and electricity could be connected if you did not want to rely on solar panels. You approach the properties from a short semi private track which leads to the outbuilding, turning left you enter the main Cortijo into a large ground floor reception room off which there are 3 further good size rooms. Stairs take you to the large open first floor space that still has the animal pens and there is access out onto a terrace with views over your land and the countryside. Back outside the outbuilding has 2 entrances, the first leads to 2 storage rooms on the upper level, the second entrance to the side leads into 2 lower level rooms being used as stables at present. Behind the outbuilding is a large, sunny level space which would be an ideal area to add a pool.
Property Features
- 0 bedrooms
- 0 bathrooms
- 104m² Build size
- 1,913m² Plot size
- Garden
- Good Rental Potential
- Ideal for Country Lovers
- Internet
- Investment Property
- Off Road Parking
- On Street Parking
- Patio
- Renovation Needed
- Separate Diner
- Spacious Accommodation
- Spectacular views
- Storage Room
- Well Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,900€
Final Payment of 90% on completion
62,100€
Property Purchase Expenses
Property price
69,000€
Transfer tax 10%
6,900€
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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