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Ref: 61073
Property marketed by Stratus International Properties
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Large village house, fully renovated in 2023. Located just 8 minutes from the nearest town of Pinoso and 10 minutes to Monovar.The house has 5 spacious double bedrooms, including 4 en-suite bathrooms. For convenience it has 2 well-appointed kitchens, 2 living rooms, one of which has a wood burner, perfect for winter evenings.The comprehensive renovation, including full plumbing and electrical rewiring, and the installation of radiator heating bedrooms via the wood fire, were completed in 2023.The south-facing terrace and 26m courtyard provide plenty of family and friends space for a large family table ideal for entertaining while enjoying stunning views of the village and lush green northside of the nearby mountains.A fantastic addition is the large converted 70m2 basement, which has an en-suite double bedroom, a kitchen, a living room, and a dining room. This basement living area has its own separate access. Perfect for use as a guest suite or possibly for a rental opportunity, like Airbnb.This is a unique property as a comfortable fully appointed but traditionally authentic family and also a good investment opportunity in this sought-after village.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
- 4 bathrooms
- 142m² Build size
- Mains Sewerage
- Basement
- Open Terrace/Patio
- Courtyard
- Furniture negotiable
- Mains Water
- Mains Electric
- Telephone
- Internet
- Great views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,496€
Property Purchase Expenses
Property price
114,995€
Transfer tax 8%
9,200€
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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Spanish Property News & Updates by Spain Property Portal.com
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.