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A fabulous opportunity to purchase an 8 bedroom townhouse set over 3 floors with a usuable space of 321 m². This classic Spanish town house is in good basic condition but is in need of modernisation and is located in the center of town just off the main square. The pretty village of Albanchez offers all amenities for daily life, including a bakery, a butcher, supermarket, school and medical centre and also has an array of good bars and restaurants. Albanchez is situated 20 minutes from the larger market town of Albox.
In total there are 30 rooms on the property, making it ideal for conversion into a rural hotel or hostel.
On the ground floor it has an entrance hall, a dining room with a fireplace, a living room, 1 bedroom, 1 toilet, a traditional kitchen, a backyard and a very large room.
On the first floor there are 4 bedrooms and a bathroom. On the upper floor there are 3 bedrooms and a very large room. There is a fabulous feature staircase through the building.
This would be great as a large family home or wonderful for business potential.
Property Features
- 8 bedrooms
- 2 bathrooms
- 321m² Build size
Costing Breakdown
* 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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* 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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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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