3 bedroom Country House for sale in Sierra Engarceran, Castellón, Spain

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Ref: IC0097

Property marketed by INMO Cervera Del Maestre

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!Great opportunity! Farmhouse with land for refurbishment project located in Sierra Engarcerán. A farming and agriculture village with Mediterranean landscape. Build size 175sqm set on a 2.100sqm rustic plot. The actual state of the property is deteriorated from inside and needs a full renovation work. Therefore the renovation project of the existing building could be more economical and practical by demolishing the interior floors by conserving the outside walls and rebuild with a new distribution. The front, outside facade and the structural walls are solid. The property is “self-efficient”, the water supply from a rainwater cistern and electricity supply needs to install solar a panel system. The property oriented southeast facing with views, anyone who appreciates magnificent scenery. Very important access from tarmac road and approx. 1km via country road. Situated 5kms to Sierra Engarcerán town and 40kms to the coast and beaches, just a 20 minutes’ drive to Castellon airport. Location of the property ensuring peace and tranquillity with magnificent views. CE. G

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Property Features

3 bedrooms
1 bathroom
175m² Build size
2,100m² Plot size
garden
parking

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

500€

Final Payment of 90% on completion

31,500€

Property Purchase Expenses

Property price

35,000€

Transfer tax 10%

3,500€

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:

35,000€

Deposit:

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* 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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.