20 bedroom Commercial Property for sale

20 bedroom Commercial Property for sale

Illora, Granada
1,800,000
 
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
  • 20 bedroom Commercial Property for sale
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Property marketed by Another Way Of Life S.L.
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A charming rural hotel full of character in the province of Granada, Andalusia, Southern Spain. Nearby is the typical Spanish town of Montefrio, one of the top 10 towns with the best views of the world, as mentioned by the National Geographic magazine. The famous Alhambra and the center of the city of Granada can be reached within half an hour. Malaga airport is 1.2 hours away, and Granada airport is 40 minutes away. This charming rural hotel is a completely renovated old Andalusian farm, decorated in traditional rustic style. It has a very nice central courtyard with gardens, perfect for sitting and relaxing al fresco. There are 20 rooms (13 double bedrooms and 7 apartments). A reception, a very spacious lounge / sitting room with fireplace and bar, a professional kitchen with a fridge / freezer room and several storages. Furthermore, there is a Sauna and Jacuzzi area, a patio-terrace with fountain, pergolas, and a huge swimming pool with stunning panoramic views overlooking the Granada valley and the Sierra Nevada mountains. Some extras the old farm / hotel has to offer is a conference room, a library, a chapel, and a paved courtyard with bar for celebrations. Next to the hotel is a big family house of 400m2, consisting of seven bedrooms and three bathrooms. It has its own courtyard and a large swimming pool with stunning views. Part of this very spacious house could easily be added to the accommodation / business. The plot is surrounded by olive and almond groves, which are also for sale (not included in the price). For a future owner perhaps worth a consideration. Definitely a fantastic chance to run a full of character charming rural hotel in the heart of Andalucía.

Property Features

  • 20 bedrooms
  • 0 bathrooms
  • 1,540m² Build size
  • 6,000m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
177,000€
Final Payment of 90% on completion
1,620,000€
 
Property Purchase Expenses
Property price
1,800,000€
Transfer tax 10%
180,000€
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.

Mortgage Calculator

Mortgage Amount:
1,800,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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