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Ref: ASV6183T
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If you are skilled at building and you are looking for a project then this is a great opportunity because, it´s massive, it has an original bodega that you can make into a Guest House or bring it back to its former glory and the location is excellent with great access.Camara Alta is a hamlet of eight properties, two or three are lived in permanently and the others are used as weekend retreats and/or for holidays.The property is on two floors, the first floor has a lounge/diner with a massive log-burning fire, one double bedroom, a kitchen, a bathroom and a patio and utility room.Upstairs are four well-sized bedrooms.There is no mistaking this is a big project but the roof seems to be ok and the downstairs could be liveable with a little work. There are also three small plots of land totalling around 2,000m2 close to the property and a separate garage with a small amount of fenced land.
Property Features
- 4 bedrooms
- 1 bathroom
- 200m² Build size
- 2,000m² Plot size
- Fireplace
- Washing area
- Septic Tank
- Orchard
- BBQ
- Dining room
- Living room
- Kitchen
- Garage
- outbuilding
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,000€
Final Payment of 90% on completion
72,000€
Property Purchase Expenses
Property price
80,000€
Transfer tax 8%
6,400€
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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