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Property marketed by Andalucia Country Houses
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Spectacular location in the mountains above Cortes de la Frontera . 50 hectares of land with views all across the Sierras to Gaucin , Cortes de la frontera and Algatocin.
This huge Finca has mainly cork oaks, chestnuts olive and almonds . Perfect for livestock - especially Black pigs . There is a large old farmhouse in need of total rennovation .
Or it could be demolished - converted to Barns etc .
Legally allowed to build a brand new house - whatever size you want ! The current buildng laws allow for up to 1% of the total land area - so in this case this allows for up to 5,000m2 buildings .
The access to this property is some 8klm drive inland from Esatacion de Cortes , in parts the road is very bumpy, but there is a short cut access proposed that can be made to make the driving to the Finca much easier .
Because of the distance from nearest services . there is no option to connect to mains . Power must come from solar panel system . Water - the neighbouring Finca has a Well , It would be necessary to have a Well installed .
This huge Finca has mainly cork oaks, chestnuts olive and almonds . Perfect for livestock - especially Black pigs . There is a large old farmhouse in need of total rennovation .
Or it could be demolished - converted to Barns etc .
Legally allowed to build a brand new house - whatever size you want ! The current buildng laws allow for up to 1% of the total land area - so in this case this allows for up to 5,000m2 buildings .
The access to this property is some 8klm drive inland from Esatacion de Cortes , in parts the road is very bumpy, but there is a short cut access proposed that can be made to make the driving to the Finca much easier .
Because of the distance from nearest services . there is no option to connect to mains . Power must come from solar panel system . Water - the neighbouring Finca has a Well , It would be necessary to have a Well installed .
Property Features
- 3 bedrooms
- 0 bathrooms
- 250m² Build size
- 500,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
74,000€
Final Payment of 90% on completion
693,000€
Property Purchase Expenses
Property price
770,000€
Transfer tax 10%
77,000€
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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