12 bedroom Villa for sale

12 bedroom Villa for sale

Periana, Málaga
750,000
 
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Incredible Opportunity - Cortijo Zen is a large yoga retreat nestled in the beautiful countryside of Periana The plot is around 10,000m2 with trees, plants and Spanish succulents There are plenty of storage spaces, a 25,000m2 water deposit and solar panels to heat the water The complex sits up high above the valley with magnificient views toward the lake, sea and mountains and is designed like a small Andalusian village with narrow corridors, beautiful stairs, a real patio, and a mature, all-organic garden Currently there are 9 single bedrooms and one double bedroom for guests, each with their own ensuite bathroom The manager's house includes 1 double bedroom and a large open-plan living/kitchen area There is a separate studio with an ensuite bathroom and a prefabicated house with 2 bedrooms, 1 bathroom, and a lounge/kitchen The restaurant comes complete with a professional kitchen, bar, and 2 toilets There is an indoor Shala with 2 therapy rooms, which can be converted into 2 more bedrooms and an outdoor yoga platform, ideal for yoga sessions with stunning views The saltwater swimming pool is a large with terracing all around it, perfect for relaxation and enjoyment The entire complex is rented out to yoga teachers worldwide, providing their own programs with three meals a day served by the managers Ideal for retreats but can also be converted into a B&B or small hotel There is central heating available in all the buildings, but no air conditioning at present This was a conscious choice by the current owners who operated commercially only five months of the year with high occupancy and turnover This charming cortijo has the wow factor and is the perfect opportunity to buy a retreat / hotel with a casa rural permit already in place

Property Features

  • 12 bedrooms
  • 14 bathrooms
  • 380m² Build size
  • 11,170m² Plot size
  • Air Conditioning
  • Dishwasher
  • Double Glazing
  • Furnished
  • Guest Apartment
  • Internet Available
  • Lake Views
  • Log Burner/Fireplace
  • Mains Electricity
  • Mains Water
  • Double Bedrooms: 3
  • Parking on road
  • Private Swimming Pool
  • Roof terrace
  • Satellite TV Available
  • Sea Views
  • Summer Kitchen
  • Washer

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
72,000€
Final Payment of 90% on completion
675,000€
 
Property Purchase Expenses
Property price
750,000€
Transfer tax 10%
75,000€
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

Mortgage Amount:
750,000€
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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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