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Ref: CSPR-17774
Property marketed by Complete Spanish Property
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We are delighted to bring to the market this beautiful Detached Spanish style Country Finca for sale just outside Orihuela. The property is set on a huge 10,400m2 plot with a build size of 500, and this lovely property it positioned in a quiet country lane, 10minutes walk into Orihuela.
This property used to be a school and has been renovated over the years into an 8 bedroom property (5 with fitted wardrobes) The owners currently rent out individual studio apartments with kitchens facilities in them. It would be ideal to be used for a bed and breakfast or small hotel as it has its energy certificate licence, so a fantastic business opportunity
The current owners live in a separate self contained 2 bedroom one bathroom apartment with sitting room.
There are many old features in this property dating back hundreds of years, with old beams, stone features and a wine cellar.
The outside area has a lovely covered swimming pool with a huge dining area ideal for alfresco entertaining, there is a separate out building with full kitchen and bathroom.
There is parking for 6/7 cars and plenty of outside storage facilities and so much outside space. It would make a great business venture.
The plot would be ideal to keep animals such as horses, goats, ducks and geese (although there arent any stables)
This property used to be a school and has been renovated over the years into an 8 bedroom property (5 with fitted wardrobes) The owners currently rent out individual studio apartments with kitchens facilities in them. It would be ideal to be used for a bed and breakfast or small hotel as it has its energy certificate licence, so a fantastic business opportunity
The current owners live in a separate self contained 2 bedroom one bathroom apartment with sitting room.
There are many old features in this property dating back hundreds of years, with old beams, stone features and a wine cellar.
The outside area has a lovely covered swimming pool with a huge dining area ideal for alfresco entertaining, there is a separate out building with full kitchen and bathroom.
There is parking for 6/7 cars and plenty of outside storage facilities and so much outside space. It would make a great business venture.
The plot would be ideal to keep animals such as horses, goats, ducks and geese (although there arent any stables)
Property Features
- 8 bedrooms
- 8 bathrooms
- 500m² Build size
- 10,400m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
127,000€
Final Payment of 90% on completion
1,170,000€
Property Purchase Expenses
Property price
1,300,000€
Transfer tax 8%
104,000€
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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