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Ref: MLSC8945420
Property marketed by The Property Group
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This property enjoys an enviable location in the Andalucian countryside just 10 minutes drive from Álora pueblo, with excellent access directly off of a tarmac country road The property comprises of more than 4 hectares (41,350m2) of relatively flat land within which is located a traditional farmhouse and outbuildings with a total build size of 374m2 Of the land, 7200m2 is classified as irrigated and planted out with citrus trees, 8,276 m2 olive grove and the remainder of the land is pasture The house and outbuildings, although currently inhabited, do require modernisation but offer fabulous potential either for refurbishment to provide a spacious family home, an equestrian property or perhaps for provision of rural tourism accommodation The farmhouse offers accommodation over 2 levels; 141m2 on the ground floor and 50m2 on the upper floor and the attached outbuilding extends to 183m2 They are built around a very charming ,traditional, Andalucian courtyard or patio In addition there are various other small outbuildings such as a chicken coop and hay shed There is also a pretty garden area close to the house, hosting a variety of colourful plants and shrubs and and hosting a a prefabricated 7,5m x 3,5m2 swimming pool Mains electricity, drinking water and irrigation water are connected This property offers an excellent renovation project at a competitive price
Property Features
- 0 bedrooms
- 0 bathrooms
- 374m² Build size
- 41,350m² Plot size
- BBQ
- Entrance Hall
- Close to all Amenities
- Country Walks
- Countryside
- Electric Hot Water
- Mature Garden
- Outside Dining
- Quiet Location
- Shed
- Short Drive To Shops
- Trees
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,975€
Final Payment of 90% on completion
143,775€
Property Purchase Expenses
Property price
159,750€
Transfer tax 10%
15,975€
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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