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Ref: MM-13051
Property marketed by Sunland
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Grand detached restored finca, presented to a high standard inside with an excellent B&B business opportunity, occupying 650m² built on a generous 54,800m² fenced and gated land plot, situated 6min drive to the village of Albaida and within walking distance to the little village of Bufali. The main house is a two store building, downstairs you have an entrance hall, large sitting area with fireplace, nice lounge, 3 bedrooms, 2 bathrooms, large kitchen with pantry and utility, courtyard, large barbecue area. There is a large sunny covered terrace with stunning views at the front of this property. Upstairs you have an open space, currently used as a storage, which could easily accommodate more living space, like the large garage / storage area behind the main house, with the property having a potential of 10 bedrooms, 6 bathroom, 2 lounges and 2 kitchen. Benefits of mains water and electricity, air conditioning, central heating, alarm system and available internet connection. This property is complete with a nice swimming pool and a garden area. Excellent location in a slightly elevated position, with stunning views down the valley. This property would make for an ideal large family or b&b business, in this tranquil location, with no close neighbours, with a good road access.
Property Features
- 3 bedrooms
- 2 bathrooms
- 650m² Build size
- 54,800m² Plot size
- Swimming Pool
- Garden
- Garage
- Air Conditioning
- Alarm System
- Covered terrace
- Solarium
- Fireplace
- Barbecue
- Dressing room
- Heating
- Utility room
- Storeroom
- Video Intercom
- Mains Water
- Internet Available
- Mains Electricity
- Good condition
- Amazing views
- Automatic Gates
- Build in Wardrobes
- Double Glazed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
Property Purchase Expenses
Property price
450,000€
Transfer tax 8%
36,000€
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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