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Property marketed by ExtremaCasa
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A good size 110 sq m country house with good view of the Sierra de Siruela about 2.5km from the village with good access and just a short drive from the largest network of lakes in Spain. Large living/dining room leading to fitted kitchen area and small pantry, two bedrooms, family bathroom and large covered veranda. The property sits in 7,692 sq m of well fenced land (almost 2 acres), there is a swimming pool (which needs some attention) and it has 180 olive trees which produced about 5,000 kilos last year (worth 1,500 - 3,000 euros), various other fruit trees, two grapevines, three holm oaks and a large pine tree providing shade for the house. The property has abundant water and is currently served by solar power although this will probably need to be upgraded if you plan to live all year round (6-8,000 euros). Mains electricity is available if preferred although solar would be perfectly adequate. The house is in excellent condition and is ready to move into.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,450€
Final Payment of 90% on completion
139,050€
Property Purchase Expenses
Property price
154,500€
Transfer tax 10%
15,450€
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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