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Ref: Senorial Casa
Property marketed by Undiscovered Spain
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This is a large property close to the town square in the popular town of Martos. Once renovated, it would be ideal as a small B&B or great as a family home. It may even be possible to create seperate apartments for renting out as there are two entrances to the property. There are two terraces and a large ground floor patio area which could be used for off road parking or room to install a pool.
On the ground floor there are 2 bedrooms, a kitchen with a terrace and fireplace, toilet, large living room and lovely andalucian floors.
The 1st floor has 4 bedrooms, a bathroom and access to the terrace which has great views of the castle.
The 2nd floor has 4 rooms which are currently a blank canvas ready to be used however best suits your needs. They could easily be made into 3 bedrooms and a bathroom or extra living space. Its an excellent investment for the price and could bring in a good return if used as a B&B or apartments, or become a great family home for either full-time living or holidays.
The town of Martos is located on a western peak of the Sierra Jabalcuz mountain range. It belongs to the metropolitan Area of Jaén, which is considered to be the second most important city after the capital. The closest airport is Granada which is around 50 minutes away or the larger airport of Malaga is around 1 hour 3/4. Martos is considered to be the greatest producer of olive oil in Spain. The town is situated beneath the Cerro de la Peña, topped with the ruins of the castle of the same name. This compact town spreads out over the slopes of the hill, under the Castle of La Villa and the Church of Santa María. Its privileged location offers beautiful views over a vast sea of olive trees. There is a large outdoor market held weekly near the park and several fiesta's are held here throughout the year. This is the perfect town for those wishing to experience the true Spanish lifestyle.
(At Undiscovered Spain we pride ourselves on responding to every property enquiry, so please check your Spam Folder if you are waiting for a reply)
On the ground floor there are 2 bedrooms, a kitchen with a terrace and fireplace, toilet, large living room and lovely andalucian floors.
The 1st floor has 4 bedrooms, a bathroom and access to the terrace which has great views of the castle.
The 2nd floor has 4 rooms which are currently a blank canvas ready to be used however best suits your needs. They could easily be made into 3 bedrooms and a bathroom or extra living space. Its an excellent investment for the price and could bring in a good return if used as a B&B or apartments, or become a great family home for either full-time living or holidays.
The town of Martos is located on a western peak of the Sierra Jabalcuz mountain range. It belongs to the metropolitan Area of Jaén, which is considered to be the second most important city after the capital. The closest airport is Granada which is around 50 minutes away or the larger airport of Malaga is around 1 hour 3/4. Martos is considered to be the greatest producer of olive oil in Spain. The town is situated beneath the Cerro de la Peña, topped with the ruins of the castle of the same name. This compact town spreads out over the slopes of the hill, under the Castle of La Villa and the Church of Santa María. Its privileged location offers beautiful views over a vast sea of olive trees. There is a large outdoor market held weekly near the park and several fiesta's are held here throughout the year. This is the perfect town for those wishing to experience the true Spanish lifestyle.
(At Undiscovered Spain we pride ourselves on responding to every property enquiry, so please check your Spam Folder if you are waiting for a reply)
Property Features
- 8 bedrooms
- 2 bathrooms
- 300m² Build size
- 150m² Plot size
- Near Transport
- Renovation Needed
- Near amenities
- In Town Center
- Walk to shops
- Walk to bars
- Walk to restaurants
- Hospital 5 Km
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,500€
Final Payment of 90% on completion
40,500€
Property Purchase Expenses
Property price
45,000€
Transfer tax 10%
4,500€
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.
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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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