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A spectacular rural estate with a tourist rental license located in Álora with a tourist rental license, which generates revenues of around €50,000 per year in tourist activity. It comprises three houses and numerous outdoor spaces for leisure and recreation, as well as olive groves and an orchard of aromatic plants, with a citrus plantation and possibility of expanding orange and lemon cultivation. A great investment opportunity!
A large carved wooden gate welcomes us to the property with 53,330m² of land. From an extensive and beautiful garden, we access the three houses that make up the finca, totalling 380m² build size, distributed as follows:
Main House of 250m² distributed over two floors: Ground floor has a separate kitchen with dining area, living room with fireplace, one bedroom with bathroom en-suite with shower/bath hammam type, massage room, access to front and rear porches, barbecue area, bread oven and utility room. On the first floor are two bedrooms with en-suite bathrooms and access to the terrace with panoramic views, and one of them with access to the summer lounge, and a living room with fireplace.
Pool House of 70m² is a single storey with open plan kitchen, living/dining room with fireplace, a bedroom with bathroom with separate shower and toilet, and a terrace with beautiful views of lemon trees and orange trees in the garden.
Guest House of 60m² is another single storey property distributed as a living/dining room with fireplace, kitchen, bedroom with bathroom, and a terrace with incredible views of the Valley of Álora.
This country property has excellent finishing touches such as marble floors and natural stone, wooden beamed ceilings, fitted kitchens, fireplace in all homes, air conditioning and heating in all rooms. Outside is a large garden that surrounds the three houses, as well as a tropical garden, cactus garden, tennis court, pool with sun loungers, Finnish sauna and plenty of space for parking. Additionally, it has land dedicated to the cultivation of olive trees, with a production of between 500 and 1000 litres of oil per year, as well as an orchard with an area of aromatic herbs and its own well for irrigation.
Currently there are three stables and a barn that could be rehabilitated to become additional living spaces.
A large carved wooden gate welcomes us to the property with 53,330m² of land. From an extensive and beautiful garden, we access the three houses that make up the finca, totalling 380m² build size, distributed as follows:
Main House of 250m² distributed over two floors: Ground floor has a separate kitchen with dining area, living room with fireplace, one bedroom with bathroom en-suite with shower/bath hammam type, massage room, access to front and rear porches, barbecue area, bread oven and utility room. On the first floor are two bedrooms with en-suite bathrooms and access to the terrace with panoramic views, and one of them with access to the summer lounge, and a living room with fireplace.
Pool House of 70m² is a single storey with open plan kitchen, living/dining room with fireplace, a bedroom with bathroom with separate shower and toilet, and a terrace with beautiful views of lemon trees and orange trees in the garden.
Guest House of 60m² is another single storey property distributed as a living/dining room with fireplace, kitchen, bedroom with bathroom, and a terrace with incredible views of the Valley of Álora.
This country property has excellent finishing touches such as marble floors and natural stone, wooden beamed ceilings, fitted kitchens, fireplace in all homes, air conditioning and heating in all rooms. Outside is a large garden that surrounds the three houses, as well as a tropical garden, cactus garden, tennis court, pool with sun loungers, Finnish sauna and plenty of space for parking. Additionally, it has land dedicated to the cultivation of olive trees, with a production of between 500 and 1000 litres of oil per year, as well as an orchard with an area of aromatic herbs and its own well for irrigation.
Currently there are three stables and a barn that could be rehabilitated to become additional living spaces.
Property Features
- 5 bedrooms
- 5 bathrooms
- 380m² Build size
- 53,330m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
112,000€
Final Payment of 90% on completion
1,035,000€
Property Purchase Expenses
Property price
1,150,000€
Transfer tax 10%
115,000€
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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