5 bedroom Country House for sale

5 bedroom Country House for sale

Proaza, Asturias
26,000
 
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
  • 5 bedroom Country House for sale
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General info
Here we have a traditional stone built property in a ruined state which still retains some nice original features and a pleasing facade. The sale of this property includes architect plans which have been drawn up to convert the ruins into two self-contained apartments. One being a three bed, one bath and the other a two bed and one bath. The project is estimated to cost around 100,000€ to restore, but if you are able to do this yourself, it would be considerably less.

Location
The property is located in a rural, mountainous location, around 500 m above sea level. It is close to an area of rural tourism, so there would be an income opportunity to rent out one or both of these apartments, once completed. It is close to the well known "Sender del Oso", a walking route where you can see bears in the wild, near the town of Proaza. The town is only a 4 km drive from the property and has many shops, bars and restaurants, a town hall, schools and pharmacy to name just a few of the local amenities.

Views
This north facing house has spectacular views of the stunning mountains and far reaching views all around making you feel on top of the world here. There is a small courtyard in front of the property, great for outside dining to enjoy those views. There is also a plot of land on which you could grow flowers, fruit trees or vegetables. There is a great restaurant La Cuadrina de Tanislao, only a short drive from the property which serves incredible food and a large terrace where you can dine outside and appreciate the amazing views of this beautiful region.

Property Features

  • 5 bedrooms
  • 2 bathrooms
  • 300m² Plot size
  • Renovation project
  • Rural apartments
  • Rural tourism
  • Mountain location
  • Garden
  • Incredible views
  • Bargain

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
23,000€
 
Property Purchase Expenses
Property price
26,000€
Transfer tax 10%
2,600€
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.

Mortgage Calculator

Mortgage Amount:
26,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* 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.

Spanish Property News & Updates by Spain Property Portal.com

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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