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Ref: OCG-7305350
Property marketed by Olive Grove Estates
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The property features a 212 m² built area currently configured as a single-story, 1-bedroom, 1-bathroom home. As a second-hand property requiring major renovation, it serves as a blank canvas for those looking to design a personalized rural retreat with breathtaking mountain and countryside views.
Extensive Private Land
The vast 85,907 m² plot is divided into various agricultural and natural zones, offering immense potential for expansion or farming: Matorral (Natural Scrubland): 57,323 m² of native vegetation for maximum privacy. Olivos Secano (Dry-farmed Olives): 17,297 m². Almendro Secano (Dry-farmed Almonds): 11,171 m². Improductivo: 116 m² dedicated to the house and access paths.
Off-Grid Capabilities
Designed for independent living, the property requires specific utility setups:
Energy: A solar power system is needed for electricity.
Water: The property includes a water deposit (cistern) for storage.
Location & Lifestyle
Located in the serene landscapes of Tibi, you can enjoy total peace and seclusion while remaining just a short distance from the local amenities of the town center. Its proximity to the Maigmó mountains makes it a prime spot for nature lovers and outdoor enthusiasts.
Extensive Private Land
The vast 85,907 m² plot is divided into various agricultural and natural zones, offering immense potential for expansion or farming: Matorral (Natural Scrubland): 57,323 m² of native vegetation for maximum privacy. Olivos Secano (Dry-farmed Olives): 17,297 m². Almendro Secano (Dry-farmed Almonds): 11,171 m². Improductivo: 116 m² dedicated to the house and access paths.
Off-Grid Capabilities
Designed for independent living, the property requires specific utility setups:
Energy: A solar power system is needed for electricity.
Water: The property includes a water deposit (cistern) for storage.
Location & Lifestyle
Located in the serene landscapes of Tibi, you can enjoy total peace and seclusion while remaining just a short distance from the local amenities of the town center. Its proximity to the Maigmó mountains makes it a prime spot for nature lovers and outdoor enthusiasts.
Property Features
- View Video Tour
- 1 bedroom
- 1 bathroom
- 212m² Build size
- Outside Space - Large Garden
- Outside Space - Patio
- Business Potential
- Country Views
- Tranquil
- Water Well
- Wood Burner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 8%
18,000€
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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