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Property marketed by ExtremaCasa
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This is a traditional stone-builthouse in the peaceful, friendly and picturesque village of Horcajo, about 10 minutes' drive from the sleepy town of Pinofranqueado. The surrounding countryside is spectacular with mountains covered in pines and patchwork fields of maize, olive and cherry trees. The house itself is about 90 years old with thick Stone walls and a floor of granite slabs. It requires conversion work to reach its full potential but is a great buy for a person or a couple who wants to get away from it all and immerse themselves in Spanish village life. Its most unique attractive feature is a large terrace on the third floor with stunning views of the fields and mountains. * 3 floors * 1 bathroom on the ground floor * 3 bedrooms. The main bedroom has a large annex which can be used as a dressing room. The second bedroom is small and ideal for guests. The owners are currently creating a third bedroom which is larger and has lots of natural light and a large walk-in wardrobe.* The third floor is completely open-plan. Originally used for smoking and storing meats, this part of the house has not been touched and could be converted into a large bedroom or a study area.* Large terrace on third floor with stunning views* Small plot of land next to the house which could be bought from the Council to create a front garden/outside dining area.* Just 150 metres from the natural swimming pool which is free and can be used all summer.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,800€
Final Payment of 90% on completion
61,200€
Property Purchase Expenses
Property price
68,000€
Transfer tax 10%
6,800€
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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