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Ref: M270324
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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We are proud to bring this stone-built finca to the market, currently being run as a Bed & Breakfast. This exceptionally large property has lots of original features, beautiful wooden beams throughout with high ceilings.As you enter the large front door you are greeted with a spacious hall and 2 large kitchens opposite each other, there are lots of entertainment rooms and also a built-in bodega. Upstairs there are very spacious 9 double bedrooms 4 bathrooms.Outside you have a large 12x7m swimming pool a beautiful well maintained gardens with lots of shade for those long summer days & evenings.The area of Las Vertudes is just a short 5-minute walk where you will find bars/restaurants and a very beautiful church. The city of Villena is just a 5-minute drive where 2 train stations run to all major cities, Alicante, Madrid, Valencia, etc. to name a few. This property is a one-off vintage design for either a business opportunity with an income of around 35-40k a year or it can be a large family home. The views are breathtaking but not yet very private and close to all amenities. Please watch our walkthrough video.
Property Features
- 9 bedrooms
- 4 bathrooms
- 600m² Build size
- 7,000m² Plot size
- Swimming Pool
- Alarm system
- Garage
- Mains Water
- Mains Electricity
- Central Heating
- Septic Tank
- Electric gates
- Outside Kitchen
- Mature Gardens
- Internet Available
- Tarmac Road
- Log Burner/Fireplace
- Summer Kitchen/Bar
- Built in BBQ
- Dog Kennels
- Fuel Oil Heating
- 1000 Litre Oil Storage Tank
- Close to train station
- Private Courtyard
- 180 Degree Mountain and Valley Views
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
55,500€
Final Payment of 90% on completion
526,500€
Property Purchase Expenses
Property price
585,000€
Transfer tax 8%
46,800€
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.