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A splendid 4 level mansion with separate cottage and 150m2 artist's studio enjoying a semi-rural location within walking distance to Álora pueblo on 3,000m2 of urban land Currently a very successful rural tourism property but offering further potential for possible development into a small hotel/restaurant or division into several apartments or indeed for conversion into a large family home The property has a gated entrance, driveway with parking for several cars and established gardens There is an exceptionally large swimming pool with a surface area of 80m2 and several lovely sunny and shady outside entertaining areas The main house extends to 578 m2 and accommodation is distributed over 4 levels offering several public rooms, 11 bedrooms, 10 bathrooms, 3 kitchens and a sauna The rooms are bright and spacious with high ceilings and many full-length French windows and some traditional antique features The 60m2 guest cottage is detached from the main house and offers open plan studio style accommodation including a sitting/sleeping room with kitchen area and an additional mezzanine level and a shower room There is also a large 150m2 artist's studio Mains water, electricity and high-speed internet are connected and the property enjoys some lovely views towards Álora castle and across the Guadalhorce valley This substantial property offers any potential buyer numerous possibilities for further development
Property Features
- 11 bedrooms
- 10+ bathrooms
- 578m² Build size
- 3,000m² Plot size
- Close to all Amenities
- Close To Bus Station/Stop
- Entrance Hall
- Gated Plot
- Mains Electricity
- Mains Water
- Mature Garden
- Nearest Airport Malaga
- Sauna
- Short Drive To Bars/Restaurants
- Walk To Bars/Restaurants
- Wifi Internet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
62,000€
Final Payment of 90% on completion
585,000€
Property Purchase Expenses
Property price
650,000€
Transfer tax 10%
65,000€
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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