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Detached country villa on 3,000m2 of a lemon grove The property is 200m2 built over 3 levels and currently offers 2 separate units of living accommodation This is an ideal property for extended family or for someone wanting to run a small B and B business On the upper level, there is a lounge, kitchen, 3 bedrooms, 2 bathrooms and a large terrace On the lower level, there is a lounge/kitchen, 2 bedrooms, 2 bathrooms, large terrace, utility room and a plunge pool Mains water, electricity, telephone, internet and sky television There are large equestrian facilities available with a lunge ring, paddock, tack-room and hay shelter which is fully registered with the relevant authoritiesThe property is also on the school bus route and has good access with nice views This property offers great flexibility to any potential buyer
Property Features
- 5 bedrooms
- 4 bathrooms
- 200m² Build size
- 3,000m² Plot size
- Commercial Unit
- Countryside
- English TV
- Entrance Hall
- Internet
- Mains Electricity
- Mains Sewage
- Mains Water
- Nearest Airport Malaga
- Satellite TV
- Scenic Views
- Security Grills
- Short Drive To Bars/Restaurants
- Short Drive To Shops
- South West Facing
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 10%
35,000€
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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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.