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Ref: M269867
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Old Mallorcan "possessio" located on the road between Artá and Alcúdia. The property is located in a beautiful valley in which incredible views of the bay of Alcúdia can be appreciated from different points of the farm and that includes a mountainous peak, a hunting area for the house and different plains for the cultivation of rainfed and fruit trees, in addition to the great variety of typical Mediterranean trees and shrubs such as holm oaks, pines and centenary olive trees. The farm has an old house of 734 m2 distributed over 2 floors that needs a reform. The house has 2 large hall entrances, 2 dining rooms with fireplace, 2 kitchens, 7 large double bedrooms, 3 bathrooms and several rooms without specific use. Outside the house, there are 2 landscaped patios and 2 large garages with room for several vehicles. In addition, the farm has several buildings for agricultural and livestock use, an old vaulted cistern and another large cistern with capacity for thousands of liters that supply water to the entire farm. The property has an irrigated orchard, rainfed crops, timber pines, figs and almond trees and an extensive area of pasture for cattle raising cows, sheep and wild goats. There is also an area for hunting large and small. The farm has its own electricity and water well. It is possible to build a swimming pool or other types of sports areas. Ideal property for investors, due to the large area of land, for private use by lovers of tranquility and enjoyment of privacy, since it takes more than 30 minutes by car to tour the entire estate. The water tank is so large that its surface could be used as a helipad for 2 helicopters at the same time. Also to continue with livestock farming. The property has a project for the reform and construction of an agritourism with about 20 double rooms with swimming pool and 2 villas of about 200 m2 each. We are also builders! Ask us for information to assess the different possibilities of reform or new construction in this property.
Property Features
- 7 bedrooms
- 3 bathrooms
- 734m² Build size
- 5,442,649m² Plot size
- Solarium
- Garage
- Garden
- Water Deposit
- laundry
- Terrace
- Appliances
- Storeroom
- Ceilings
- Light
- Water
- porch
- Furniture
- Vistas Al mar
- T. V.
- All Foreign
- Mirador
- Rooms. Games
- Illuminated
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
897,000€
Final Payment of 90% on completion
8,100,000€
Property Purchase Expenses
Property price
9,000,000€
Transfer tax 10%
900,000€
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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