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Property marketed by Olvera Properties
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Just off the main street of Zahara lies this stunning example of Andalusian architectural history.
The current layout is 4 bedrooms, two sitting rooms, kitchen and bathroom plus attics and basement storerooms all of which could easily be restored to provide additional accommodation. the property would lend itself to a large family home with guest apartments or a small boutique hotel.
There are many traditional and antique features which would form part of the restoration and although mordernisation work is required, the structure is sound, dry and stable.
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.
Floor Area: 200 sq.m.
Bedrooms: 6
Bathrooms: 1
Property Features
- 6 bedrooms
- 1 bathroom
- floor area 200 sqm
- bedrooms 6
- bathrooms 1
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 10%
16,000€
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.
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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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