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This unique 342m² property, located in La Estación de Luque, Córdoba, Andalusia, Spain, offers a fascinating blend of historical charm and modern potential. It features a spacious house, a functioning bar-restaurant, and a substantial 5,127m² plot of land with productive olive trees.The property is situated on the former Linares-Puente Genil railway line (1893-1984), with the old passenger building now beautifully repurposed as the restaurant, adding to its charac-ter and appeal. It also lies along the popular Vía Verde de la Subbética cycling and walking route.The main residence is accessed via a driveway leading to an entrance hall and a marble stair-case. The bright, open-plan living/dining area branches off to a well-equipped kitchen on one side and a hallway to four double bedrooms on the other. The master bedroom boasts a Juliet balcony with stunning views of the old station, Luque Castle, and the Sierra de Luque. A further bedroom and bathroom are located along a corridor to the left, while another hallway to the right leads to a patio, a second bathroom, and three more double bedrooms, one with an en-suite. A staircase from the left connects to the restaurant's rear patio.The bar-restaurant, accessed from the property's left side, features a large dining area, the former station kitchen, a bar, and a functional fireplace. The restaurant also provides access to patios, storage rooms, and restrooms. An interior staircase connects to the rear of the house and the expansive 4,550m² plot.This plot includes developable land, productive olive groves, and ample space for various uses. Located directly on the N-432, which connects Córdoba and Málaga, the property of-fers easy access to the charming villages of Córdoba province. This property presents an ex-ceptional opportunity to own a piece of Andalusian history with significant commercial and residential potential.
Property Features
- 8 bedrooms
- 3 bathrooms
- 342m² Build size
- 5,127m² Plot size
- Fruit Trees
- Balcony
- Terrace
- Fireplace Wood
- Garden shed
- Equipped kitchen
- Tiled floors
- Pantry
- Laundry room
- Garden
- Storage room
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,500€
Final Payment of 90% on completion
157,500€
Property Purchase Expenses
Property price
175,000€
Transfer tax 10%
17,500€
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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.