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Property marketed by ExtremaCasa
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This lovely old building was in its previous life a mill for the making of olive oil. It sits in about a hectare of land (about 2.5 acres), with two buildings.The first has kitchen, dining room, one ensuite bathroom and a 100 sq. M living room area. This fantastic large space is split over three levels and includes many of the original olive pressing machinery. There is an additional bedroom located above the dining room.Outside is a storage room which may have been used as a kitchen.This property comes with a separate building which is divided into 5 double bedrooms with their own ensuite. Some TLC would see them restored to their best.There is an additional barn which currently houses the old bread oven.The mill is set near a stream, which runs in the winter months.This mill has oodles of character, and would benefit from being lived in all year round, using the 5 bedroomed building to generate some income * price reduced by 25,000 EUROS *
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 10%
27,500€
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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