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Property marketed by Stratus International Properties
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Welcome to an expansive rural residence in El Culebron, Pinoso, Alicante, awaiting your vision and touch. Comprising a basement, ground floor, and upper floor, this substantial house offers substantial potential for a discerning buyer seeking a renovation project.Featuring 5 bedrooms, 1 bathroom, and an additional toilet, this property boasts both indoor and outdoor terraces, providing ample space for diverse activities. The layout includes a kitchen, a generously sized living room with a fireplace, a hallway, a laundry room, a pantry, and a storage room, offering practicality for daily living.With two entrances to the street, facing north and east, accessibility is a key feature of this property, enhancing its overall appeal. The renovation project presents an exciting opportunity to breathe new life into this residence and shape it into a unique and personalized space.The ground floor preserves its historical charm with original tiles, high ceilings, and antique wardrobes, providing a glimpse into the property's heritage. An additional wood-burning fireplace in the basement adds character and potential for creative design.This large rural house is a canvas awaiting transformation. For those with a keen eye for detail and the desire to create a distinctive home, this property offers an ideal opportunity. To learn more or to schedule a viewing, please don't hesitate to contact us. Explore the possibilities and envision the future of this property in El Culebron.If you liked this property, do not hesitate to contact us to organize a visit, we will be happy to help you!We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas. We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
Property Features
- 5 bedrooms
- 2 bathrooms
- 472m² Build size
- 70m² Plot size
- Storage
- Mains Sewerage
- Security Grills
- Basement
- Open Terrace/Patio
- Courtyard
- Utility room
- Garage
- Mains Water
- Mains Electric
- Telephone
- Internet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,950€
Final Payment of 90% on completion
71,550€
Property Purchase Expenses
Property price
79,500€
Transfer tax 8%
6,360€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.