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Property marketed by ExtremaCasa
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A great opportunity for a rural tourism business 15 minutes from Trujillo. Set in 43 hectares of land - over 100 acres - the property was successfully operating as a rural retreat until the owners ran out of money needed to complete the project. It consists of 3 individual rustic houses each containing 2 one bedroom apartments, so will currently sleep at least 12 adults plus children. The houses are clustered round a central village green like area and there is a large swimming pool. There is also a 300+m sq m building which is half built; this was intended as a bar, restaurant and function room as well as providing owners accommodation. This main building will need money spending to finish it and although the other houses have not been used for a couple of years they are in good condition with only a small amount of work needed to bring them up to standard to accept paying guests. This is a great opportunity to build a very successful rural retreat and grants of up to 40% may well be available to help with the additional investment needed to complete the project.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,000€
Final Payment of 90% on completion
396,000€
Property Purchase Expenses
Property price
440,000€
Transfer tax 10%
44,000€
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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