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A wonderful opportunity to buy a country house with stunning views set in approx. 42 hectares (nearly 104 acres) of land, near to the Portuguese border, having areas which are flat, hilly and rocky. Currently used for pigs and cattle, there are approx. 1,000 high quality cork oak trees for the livestock to wander through. The cork oak trees not only provide a significant income, but help to feed the pigs with acorns. The main house which needs modernising has about 200 sq. M and has 4 rooms and kitchen on the ground floor and five rooms on the first floor. There are numerous store rooms, animal pens, a 22 m long barn and a garage which could easily be made into further living space. Within the grounds there is another 165 sq. M ruin ready for rebuilding. * price reduced by 100,000 EUROS *
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,995€
Final Payment of 90% on completion
359,955€
Property Purchase Expenses
Property price
399,950€
Transfer tax 10%
39,995€
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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