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Ref: AI-The Treasure of the lake
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Nestled amidst a sprawling 50,000 square meters of serene olive groves, this charming rural Cortijo offers a tranquil escape just a short 5-minute drive from the picturesque Lake Iznajar in Cordoba, Andalusia, Spain. Accessible via a rustic track, the property features a garage and descends to the Cortijo, boasting panoramic views from every vantage point. This residence, brimming with potential, is equipped with mains electricity and includes a full bathroom. The expansive living room, anchored by a central open fireplace, serves as the heart of the home, offering the opportunity to create four or more bedrooms. This Cortijo, rich in character, pre-sents an exceptional opportunity for those seeking a secluded rural retreat and a life of peaceful solitude.
Property Features
- 4 bedrooms
- 1 bathroom
- 160m² Build size
- 50,000m² Plot size
- Landscaping
- Terrace
- Fireplace Wood
- Garden
- Storage room
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 10%
20,000€
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.
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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.