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For sale direct from the owners!
This large country home is surrounded by olive groves and offers complete peace and privacy. If you are looking to escape the stress of modern life, we couldn’t recommend a better location.
Whilst being in a peaceful position, the house is not isolated with good road access to Iznajar, Cordoba and Villanueva de Algaidas, Malaga both being within 15mins drive. For something more local, the small hamlet of La Parilla is within walking distance and offers a couple of bars to save you having to cook or worry about driving!
There are also regular deliveries of bread, meat & fish and groceries that pass by the house.
The property itself offers a huge amount of opportunity for new owners – the current owners planned to create four self-contained apartments which could cater for self-catering holiday rentals. Nick & Pauline would love to finish off the project but their focus is currently on a large rentals business in Granada so they are reluctantly selling this property so new owners can create the home of their dreams.
However, the property could also lend itself to become two large homes for extended family or two families buying together. Equally, if the whole property were used as a single family home, it would also work very well.
The main house comprises a floor area of nearly 300M2 across two floors and this space can be used to create separate apartments or combined into one or two larger houses.
In addition, there is a separate 50M2 two-level building which with permission, could be used as further residential accommodation with 2 bedrooms. This building is currently a garage and storage barn and can be accessed separately to both levels.
The main house benefits from a new roof and several internal works were finished to allow for the owners to live in the house whilst carrying out further works to the rest of the property. This includes a kitchen and bathroom and living/bedroom space.
In total, the property consists of 378M2 which can be used in a number of different ways, depending on the needs of the new owners.
The land and surroundings…
The property sits on land of about 1 acre (4,168M2) which is designated as rustic land.
On the land is a small copse of Spanish oaks and a small number of olive, almond & further oak trees surrounding the house.
The spectacular views are of hills, with olive groves & mountains (inc. the Sierra Nevada) beyond & to the east. The open view to the west gives amazing sunsets in the evenings!
There is a 200M track for access to the property from the tarmac road.
This wonderful old cortijo is in the most peaceful location overlooking a small valley yet only 15 minutes’ walk to the small village of La Parilla, Malaga.
Things which will help future owners…
The property sits on just over 4,000M2 of rustic land but this land is not protected and this will be a key consideration when discussing future permissions with the town hall at Iznajar.
As mentioned above, there is an apartment which has been completed with a kitchen, bathroom and living/bedroom space – this can be lived in whilst other works are carried out.
The property comes with mains water (from the town supply) but there is also a well on the land which can provide water.
Mains electricity is connected with a 3-phase supply although this is disconnected currently. It is rare for a country home to benefit from a 3-phase supply but you can rest easy that with a 3-phase supply, nothing will ever trip!
A water deposit has been installed along with a 3-chamber septic tank which meets new European standards.
The current owners have many plans and information from the original projects that can be passed across to new owners which might help them to pursue a future planning application/project. Equally, it may be possible for the previous architect to be appointed for any new work to be done. This could save a lot of time and money.
Legality, permissions and future works…
The property dates back to 1970 and pays IBI and as mentioned above, is connected to mains water and electric.
In addition, a document issued by Iznajar town hall in 2020 confirmed that they have no issues pertaining to the property.
This is important as it means new owners can openly discuss plans for future works with the town hall in the knowledge that the property doesn’t have a negative history.
It is likely that any new project or planned reform of the property will require an AFO document from the town hall in Iznajar and again, this document from the town hall issued in 2020 will help to achieve a successful AFO approval.
The current owners understand that an AFO will probably be required and are willing to offer a discount of €5,000 off the asking price to contribute to the cost of this in the coming years. They would apply for AFO themselves but it is probably better/quicker/cheaper for new owners to deal with this as part of the discussion with the town hall regarding their future plans.
Being located on rustic land (as opposed to protected land) makes the opportunities for permissions for further changes much easier and this could, if a tourism project applied for, include the construction of an in the ground swimming pool.
Iznajar, Cordoba
The property comes under the jurisdiction of the town hall at Iznajar which is a 15min drive away. Iznajar is a beautiful hilltop village overlooking the large lake and has long been a popular destination for visitors to the area.
However, the property is also close to Villanueva de Algaidas which sits in the Malaga province so you can happily use both centres for shopping, integrating into local life and for enjoying a meal out.
The province of Cordoba is well known for its production of olive oil and some of the best quality oil can be found in the Iznajar area – the property is surrounded by olive groves and you can enjoy some of the best extra virgin oils from neighbours all year round.
Access to the motorway network (both the A45 and the A92) can deliver you to Malaga airport and Granada airport with ease and for those wanting to explore Andalucia, access to Sevilla and Malaga is good.
Iznajar village has a wide range of local amenities, health centre, banks, shops, petrol station and schools making it a bustling community with a warm welcome to foreign visitors.
Property Features
- 8 bedrooms
- 6 bathrooms
- 378m² Build size
- 4,168m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,995€
Final Payment of 90% on completion
170,955€
Property Purchase Expenses
Property price
189,950€
Transfer tax 10%
18,995€
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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