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Ref: R01736
Property marketed by Casas Almeria
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This property presents a unique opportunity for buyers seeking a spacious and highly versatile estate. With a total constructed area of 280 m², the property comprises two houses: one is currently habitable, while the second requires renovation, offering excellent potential for expansion or guest accommodation.
The habitable house features a living room, kitchen, three bedrooms, one bathroom, and a generous 42 m² garage. Once reformed, the second house could comfortably accommodate a lounge with kitchen, two or three bedrooms, and a bathroom.
To the rear of the property are two warehouses with a combined built area of 130 m², ideal for use as storage, workshops, or conversion into additional living spaces (subject to permissions). In addition, there is a separate third warehouse of an impressive 380 m², significantly enhancing the property’s development or business potential.
Adjacent to one side of the main house is a dilapidated ruin that is beyond repair, ensuring permanent privacy and no future neighboring development on that side.
The property is set on an extensive plot of approximately 49,000 m². Half of the land is planted with fruit and olive trees, while the remaining area consists of scenic mountainous terrain, offering privacy, views, and a natural setting.
Utilities include mains electricity and a water deposit.
A large water reservoir located approximately 100 meters from the house is used for irrigation purposes; however, this reservoir does not form part of the property.
The nearest village, offering essential amenities, is just a 6-minute drive away. The well-serviced town of Huércal-Overa can be reached within 15 minutes, while the coast is approximately 40 minutes away.
The habitable house features a living room, kitchen, three bedrooms, one bathroom, and a generous 42 m² garage. Once reformed, the second house could comfortably accommodate a lounge with kitchen, two or three bedrooms, and a bathroom.
To the rear of the property are two warehouses with a combined built area of 130 m², ideal for use as storage, workshops, or conversion into additional living spaces (subject to permissions). In addition, there is a separate third warehouse of an impressive 380 m², significantly enhancing the property’s development or business potential.
Adjacent to one side of the main house is a dilapidated ruin that is beyond repair, ensuring permanent privacy and no future neighboring development on that side.
The property is set on an extensive plot of approximately 49,000 m². Half of the land is planted with fruit and olive trees, while the remaining area consists of scenic mountainous terrain, offering privacy, views, and a natural setting.
Utilities include mains electricity and a water deposit.
A large water reservoir located approximately 100 meters from the house is used for irrigation purposes; however, this reservoir does not form part of the property.
The nearest village, offering essential amenities, is just a 6-minute drive away. The well-serviced town of Huércal-Overa can be reached within 15 minutes, while the coast is approximately 40 minutes away.
Property Features
- 3 bedrooms
- 1 bathroom
- 280m² Build size
- 49,600m² Plot size
- garage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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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