6 bedroom Villa for sale

6 bedroom Villa for sale

Fuente Alamo, Murcia
19,995
 
1 / 0

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Ref: Fare402
Property marketed by Fuente Alamo Real Estate Fuente Alamo Real Estate
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INVESTMENT/RENOVATION PROJECT THE OLD BAKERY LA PINILLA BUILD SIZE 258m2 PLOT SIZE 134m2 IN DESIRABLE VILLAGE LOCATION WOULD MAKE EXCELLENT GUEST HOUSE/RESTAURANT. This property has substantial living accommodation above. Now reduced by 54,505 Euros.

From the early 1940’s this was one of the most important business’s in the popular village of La Pinilla providing bread and confectionary to the area. The property is totally original inside, even down to the impressive baker’s ovens and serving areas.

Occupying a superior position on the main street with easy parking on the south side of the building an in easy walking distance of several bars, bank, social centre, tobacconist, school and medical centre. Just a few minutes’ drive to the main towns of Las Palas, Fuente Alamo de Murcia or Mazarron town.

Internally the property comprises of entrance front and rear into the Bakery itself, which is a large open space with a kitchen/sitting room and WC off, plus a further entrance area with original staircase leading to first floor. In total the ground floor is divided into 4 rooms.

The first floor is mostly laid out for accommodation and comprises of eight partitioned rooms distributed as follows: 2 WC, 1 shower room with WC, 1 Kitchen with access to balcony. 5 further good sized rooms to be distributed as the new owner decides.

We have sought several builders estimates to renovate the property with a view to creating a guest house/restaurant or a very large 6 bedroom property with en-suites and depending on build quality and type the estimates are between 40-60,000 Euros, this could be greatly reduced should the new owners decide to carry out some or all of the works themselves, subject to their personal requirements. The present owner is looking for a quick sale and will entertain offers.

30 minutes drive to the beaches of Mazarron bay, 15 minutes to golf, 27 minutes to the new Murcia International Airport, with good access to motorways. The historic cities of Cartagena and Murcia are 30 and 40 minutes respectively.

Property Features

  • 6 bedrooms
  • 3 bathrooms
  • 258m² Build size
  • 134m² Plot size
  • Good Motorway Access
  • Internet Available
  • Landline Telephone Available
  • Mains Electricity
  • Mains Sewerage
  • Mains Water
  • Near Amenities
  • Near Medical Centre
  • Near Schools
  • On Bus Route
  • Parking - Off Road
  • Satellite TV Available
  • Tarmac Road

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
16,995€
 
Property Purchase Expenses
Property price
19,995€
Transfer tax 8%
1,600€
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.

Mortgage Calculator

Mortgage Amount:
19,995€
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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