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This very impressive traditional townhouse which enjoys a central location on one of the most prestigious streets of Álora pueblo The property has a total constructed size of approx 300m2 and the accommodation is offered over 3 levels plus a semi-basement At street level one enters into a very welcoming entrance hall which features some beautiful antique tiles and leads through to a very attractive salon or lounge This level also currently hosts 3 bedrooms , a kitchen and a bathroom and access to an attractive patio area which allows access to 2 further rooms at semi-basement level , located to the rear of the property A very attractive staircase leads to the 1st floor which offers 5 furthers rooms plus a central reception room and a bathroom and a further staircase leads to the 2nd floor which hosts two further very large rooms and a further bathroom This property has been an important family home The rooms are all of very generous proportions with beautiful high ceilings and retaining many attractive antique features One particularly attractive feature are the two very expansive roof terraces which host fabulous views across Álora pueblo to the countryside beyond and enjoy sunshine all day through The property has not been lived in for a few years and, although it is structurally in good condition , it does require some upgrading With a little further investment it could be restored to provide a very comfortable and spacious family home or, perhaps more importantly, because of its generous proportions and location it offers the opportunity to a prospective buyer of development for exploitation as a commercial premises such as a boutique hotel Álora is a busy market town with a population of around 13,500 and it has all local amenities such as schools, shops, health centre, sports centre, theatre etc It is located 38km inland from Malaga city and international airport and has excellent communication links both by road and train It is an excellent base for day trips to all of the major cities of Andalucia such as Seville, Cordoba, Malaga, Granada, Cadiz & Jerez The village of El Chorro , which comes under the municipality of Álora , has benefited from substantial investment from both central Spanish government and Europe to reinstate and develop the famous "Caminito del Rey" into, what is a major tourist attraction attracting 300,000 visitors during 2018 The scenery is quite breathtaking with some stunning mountains and rock formations It is a very popular area for tourists who wish to enjoy outdoor pursuits such as walking, bird watching, horse riding, hang gliding, landscape painting and particularly rock climbing This really is a very special property and viewing is highly recommended!
Property Features
- 9 bedrooms
- 3 bathrooms
- 290m² Build size
- 133m² Plot size
- Community Pool
- Country/Mountain Views
- Good Motorway Access
- Landline Telephone Available
- Mains Electricity
- Mains Water
- Nr Medical Centre
- Nr Schools
- On Bus Route
- Open Terrace/s
- Sports Facilities
- Train Station Nearby
- Walking Distance to Shops etc
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
37,000€
Final Payment of 90% on completion
360,000€
Property Purchase Expenses
Property price
400,000€
Transfer tax 10%
40,000€
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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