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Property marketed by The Property Group
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This unique finca is an old water mill that has been restored in 1984 and renovated in 2022 It has a total build area of 524m2 The property consist of 2 levelsOn the ground floor you will find a large open plan kitchen with white goods, 3 bedrooms, 2 bathrooms (one ensuite),a very spacious living room with a fireplace, a dining space and a lounge room On this level you will also find a 4th bedroom which is currently used as a laundry room, a guest toilet and a storage roomOn the first floor, you will find 2 bedrooms, a bathroom, a very large living area with a dining space and a dressing room There is also a storage room on this level that could be used as a bedroomOn the outside, you will find a large low maintenance garden with olive trees and palm trees, a spacious terrace, a big covered terrace (naya) and a swimming pool complete with its own waterfall There is ample parking space and a carport You can enjoy mountain views from the property which is south facing and is fully fencedThe building features a fireplace, 2 pellet stoves, air-conditioning (this is almost not needed because of the very thick walls) and mosquito screens The villa is South OrientedThe building is older than the municipality of Xaló (Jalon) itself and is really one of a kind All amenities of Xaló like bars, a supermarket, restaurants, shops and more are only a short 5 minute walk away The beaches of the Costa Blanca North are just a 20 minute drive awayFeel free to contact us for more information or if you would like to arrange a viewing
Property Features
- 6 bedrooms
- 3 bathrooms
- Air Conditioning Hot/Cold
- Charming Property
- Close to all Amenities
- Entrance Hall
- Country Walks
- Countryside
- Full of Character
- Fully Furnished
- Hills & Mountains
- Inland
- Mains Electricity
- Mature Garden
- Mountain Walks
- Nearest Airport Alicante
- Nearest Airport Valencia
- Off Road Parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
116,500€
Final Payment of 90% on completion
1,075,500€
Property Purchase Expenses
Property price
1,195,000€
Transfer tax 8%
95,600€
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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