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Property marketed by ExtremaCasa
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Typical Spanish farmstead situated in 26 hectares (65 acres) of glorious countryside with excellent access just 3 km from the town of Valencia de Alcántara and close to the border with Portugal. It consists of a large 6 bedroom farmhouse, more than 100 years old but fully modernised in 2012, with 3 bathrooms, large living room and large kitchen with a terrace round the house, plus a smaller house for the caretakers with living room, kitchen and bathroom. There is more than 455 sq m of accommodation space and there is a further 675 sq m of outbuildings. The property has a swimming pool, several patios and 2 horse-boxes, kennels, chicken coop, farm buildings, and a market garden with own water supply for irrigation.
Please contact us if you would like to see a drone aerial view of the property
Please contact us if you would like to see a drone aerial view of the property
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
55,000€
Final Payment of 90% on completion
522,000€
Property Purchase Expenses
Property price
580,000€
Transfer tax 10%
58,000€
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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.