Country House for sale in Alora, Málaga, Spain

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Opportunity to buy a substantial piece of the Andalucian countryside enjoying a rural location approx 12kms from Álora pueblo On offer, together, are 2 adjoining " fincas" of 135730 m2 and 9700m2, in total almost 15 hectares, together with a traditional farmhouse and outbuildings with a total build size of 444m2 The farmhouse does require extensive renovation The living accommodation is distributed over 2 levels and there are also attached outbuildings The generous build size together with the extent of the land offers great potential for renovation to provide either a large family home, an equestrian property or perhaps for rural tourism accommodation Mains electricity and well water are connected

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Property Features

0 bedrooms
0 bathrooms
444m² Build size
23,000m² Plot size
Mains Electricity
Outbuildings
Entrance Hall

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

9,000€

Final Payment of 90% on completion

108,000€

Property Purchase Expenses

Property price

120,000€

Transfer tax 10%

12,000€

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.

Mortgage Calculator

Mortgage Amount:

120,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.