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Very spacious rural house consisting of 4 residential units and garage, located near the village of Riogordo. From the main road you come through an unpaved entrance to a spacious parking lot on the property. The elongated building faces east west but due to its elevated position you have as well a south and north orientation. There is an indoor garage at the front of the house. Furthermore, the building consists of 4 separate units. Two of them have already been renovated and are habitable. One unit is furnished as an apartment with living room, kitchen, bedroom and bathroom. The other finished unit is a duplex apartment with a kitchen, living room and bathroom on the ground floor and two bedrooms with bathroom on the first floor. The other two units are completely under construction and can be freely arranged by the buyer. These certainly still offer at least two apartments with two bedrooms each .... With this property there is the potential to run a small-scale rural B&B or to rent out separate housing units. There is also an extra kitchen with shelter on the property, an 8x4 meter swimming pool with sun terrace and sitting area. At the pool, space was also provided for an outdoor kitchen with BBQ. From this terrace by the pool you have breathtaking views of the northern mountains. On site you will also find olive and almond trees, a fig tree, lemons, medlars, bay leaves and madroño. From the back of the site you can take a staircase to the main road that takes you directly to the village. By car you are 35 minutes by the sea and within the same time at the airport.
Property Features
- 7 bedrooms
- 5 bathrooms
- 572m² Build size
- 11,840m² Plot size
- Swimming Pool
- close to town
- guest apartment
- fitted kitchen
- en suite
- fireplace
- water
- beautiful garden
- terrace
- various terraces
- barbecue
- fruit trees
- garage
- parking
- private pool
- double glazing
- very good access
- partly furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
77,000€
Final Payment of 90% on completion
720,000€
Property Purchase Expenses
Property price
800,000€
Transfer tax 10%
80,000€
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.
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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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