5 bedroom Apartment for sale

5 bedroom Apartment for sale

Folgueras (Pravia), Asturias
265,000
 
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
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Rural apartments
Rural apartments for sale with income potential, near Pravia. This property has a wow factor. The sale consists of two incredible properties and some land measuring 3,000 sqm. It's surrounded by beautiful mountain views and stunning landscapes.

Accommodation
The old barn on this estate has been completely renovated and converted into two self-contained apartments. Moreover, this property has great income potential through short term holiday lets. Each charming apartment is lovingly decorated in a Bohemian style with colourful walls and mismatched furniture. Tall windows look out across the fantastic scenery and below to the private patios. The useable living area is 100 sqm on two floors, for each apartment. Both have an open plan lounge, dining room and kitchen with two bedrooms on the ground floor with a bathroom. The kitchens are both equipped with a washing machine, fridge freezer, oven, hob and water heater. Furthermore, the apartments have central heating installed.
Each apartment can be accessed from the front or the rear of the property. Outside, both apartments have their own private patios with seating and stunning views. Additionally there is a useful loft space above each apartment, ideal for storage or perhaps more rooms. They are being sold fully furnished excluding a few personal items.

Panera
This property is very special. It's a converted grain store, called a Panera, which has been lovingly renovated. You enter the ground floor from the patio into the stone-built, open-plan dining room and kitchen, with a toilet and washroom. Stairs lead up to the first floor which houses the main bathroom a comfortable lounge area and an office. Finally the second floor is the actual wooden Panera which sits atop the stone base and is accessed from the rear of the property. Here is the large bedroom space which has beautiful wooden beams and a balcony running around all sides where you can enjoy the amazing views. There are two built-in wardrobes, a small bathroom and a storage area as well. A patio behind the Panera offers more outside space and some privacy. A wood burner also housed outside heats this property.

This property is ready to live and also offers the potential for rural tourism. It's located a short 25 minutes from Asturias airport and about 15 minutes to the town of Pravia and the surrounding beaches. This property can also be bought in conjunction with https://asturiasproperty.com/property/rural-estate-for-sale/ which is adjacent to the apartments and panera. It features a large stone-built mansion, full of character and original features. This large house requires renovation, but would make a very impressive home once completed and one could live in the panera whilst this is being done and earn money from the apartments at the same time. A very interesting prospect.

Property Features

  • 5 bedrooms
  • 4 bathrooms
  • 305m² Build size
  • 3,000m² Plot size
  • Rural apartments
  • Converted barn
  • Business opportunity
  • Rural tourism
  • Panera
  • Land
  • Incredible views
  • Income potential
  • Ready to move in

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
 
Property Purchase Expenses
Property price
265,000€
Transfer tax 10%
26,500€
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:
265,000€
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Interest Rate:
%
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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.

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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