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Ref: Casa Frank
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Casa Frank – A character 321sqm 3 storey townhouse in Albanchez comprising of 8 bedrooms in good basic condition and requires modernising. The property is located in the centre of the village just off the main square. There are 30 rooms in total and could be a wonderful family home or converted into a rural hotel/B&B.
Albanchez is a small Spanish village with a bakery, butcher, medical centre, community pool, school, bars, cafes, restaurants and is only 10 minutes from the larger market town of Albox with a 24hr emergency medical centre, banks, dentists, opticians, supermarkets, English supermarkets, bars, cafes, restaurants, etc. The coastal resorts of Mojacar Playa, Vera Playa and Garrucha are a 40 minute drive.
On the ground floor is an entrance hall, dining room with open fireplace, lounge, 1 x bedroom, 1 x toilet, a traditional kitchen, rear patio and one very large room. On the first floor there are 4 bedrooms and a bathroom. On the top floor there are 3 bedrooms and one very large room. The fabulous feature staircase glides up throughout the building.
Albanchez is a small Spanish village with a bakery, butcher, medical centre, community pool, school, bars, cafes, restaurants and is only 10 minutes from the larger market town of Albox with a 24hr emergency medical centre, banks, dentists, opticians, supermarkets, English supermarkets, bars, cafes, restaurants, etc. The coastal resorts of Mojacar Playa, Vera Playa and Garrucha are a 40 minute drive.
On the ground floor is an entrance hall, dining room with open fireplace, lounge, 1 x bedroom, 1 x toilet, a traditional kitchen, rear patio and one very large room. On the first floor there are 4 bedrooms and a bathroom. On the top floor there are 3 bedrooms and one very large room. The fabulous feature staircase glides up throughout the building.
Property Features
- 8 bedrooms
- 2 bathrooms
- 321m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,900€
Final Payment of 90% on completion
134,100€
Property Purchase Expenses
Property price
149,000€
Transfer tax 8%
11,920€
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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