6 bedroom Villa for sale

6 bedroom Villa for sale

Monóvar, Alicante
399,995
 
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
  • 6 bedroom Villa for sale
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Ref: ASV9883D
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Whilst we make no secret of the fact that the property looks tired in places and in need of modernisation it is one of the most incredible and impressive properties I have had the pleasure to list. It is almost palatial and has some of the finest carpentry I have witnessed. When the modernisation is complete I would imagine that the value would increase to somewhere in the region of 750,000€ but it will need approximately 100,000€ thrown at it.This very large and impressive villa near Monovar has six bedrooms, five bathrooms and an additional WC.The villa has three reception rooms with fireplaces, a kitchen, and two utility rooms. The whole of the upper floor is an enormous recreation room with a pool table.The villa has every luxury, marble floors, a sweeping staircase, dressing rooms, a swimming pool, and a garage. The villa is situated in a beautiful woodland setting.The town of Monovar has all the amenities, sports centres, banks, shops, bars and restaurants you would need. Alicante airport and beaches are just 30 minutes away.Monovar is a small town in Alicante province, with a population of 13,060 people. It is about 15km from Pinoso and like Pinoso it is famous for its marble quarries, shoe making and wine. It is in a pretty, mountainous area, the town stands at a height of 341m (1,119 ft). Monovar has several traditional fiestas during the year, ranging from "Dwarves and Giants" in July to the week-long town fiesta in September in honour of the Virgen de los Remedios.Traditional food, like Pinoso, includes rice made with rabbit and snail, gazpacho manchego - a hearty rabbit stew, migas - fried breadcrumbs with garlic and usually chorizo and of course the local red wine. There are 4 bodegas close by.There is evidence of people living in this area since pre-history. The Romans also lived here, the remains of a Roman villa has been discovered in the nearby village of Maña. In the Islamic era Monovar and Chinorla were fortified with a castle and a tower. The first documented history of Monovar was in the 13th Century. When the Moors were expelled from Spain in 1609 Monovar lost nearly 80% of its population. As a result Monovar became depopulated and abandoned. As a reward for their support of the Bourbon Dynasty in the war of Succession, Philip V gave Monovar the title "Muy noble, fiel, ilustre & leal" (Very noble, faithful, illustrious & loyal) - this was incorporated into their coat of arms with a lily flower.During the 18th century the population and the economy began to grow again, there was a resurgence of agriculture - with the growth of cereals, olives and grapes. This century also saw the construction of some of Monovar's most emblematic buildings, which you can still see today, such as: the Torre del Reloj (clock tower), John the Baptist Church, the Chapel of the Virgin del Remedio and the Hermitage and Convent of Saint Barbara, which overlooks the town from the top of hill, keeping guard over Monovar. In the middle of the 18th century the railway came to Monovar, giving access to the rail line running from Alicante to Madrid and of course this played an important role in the economic development of the town. In the 20th century Monovar finally got the official title of city, as a consequence of its rapid growth. Since the 1920s the main industries have been, soap, flour, shoe-making and marble.The modern day town has many bars and restaurants, small shops, a large supermarket, bullring, two wineries, a theatre/concert hall and a cultural centre. Monovar is a safe and friendly place to live and makes an interesting day visit. It is located on the CV83, the main road that runs from Elda to Pinoso.

Property Features

  • 6 bedrooms
  • 5 bathrooms
  • 550m² Build size
  • 8,200m² Plot size
  • Swimming Pool
  • Fireplace
  • Washing area
  • White Goods
  • Septic Tank
  • Orchard
  • outbuilding
  • BBQ
  • Dining room
  • Living room
  • Kitchen
  • Terrace
  • Garage

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
37,000€
Final Payment of 90% on completion
359,996€
 
Property Purchase Expenses
Property price
399,995€
Transfer tax 8%
32,000€
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

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399,995€
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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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