7 bedroom Country House for sale in Sax, Alicante, Spain

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Ref: OCG-22297922

Property marketed by Olive Grove Estates

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Farm property located in Sax (Alicante), spanning 66,044 m2 of fertile irrigated land. Positioned conveniently just 45 km from the capital and its airport, with easy access via the Madrid-Alicante motorway just 3 km away. The 337 m2 house, spread across two floors, offers comfortable living with 3 living rooms, including 2 with fireplaces, 7 bedrooms, a kitchen, 3 bathrooms, dressing room, terrace, and closed garage. Additionally, an interior patio hosts a 25 m2 barbecue area with pantry, laundry room, and bathroom. The property includes a 327 m2 warehouse, along with an irrigation pond measuring 160 m2. Abundant almond trees thrive on the land, supported by irrigation and drinking water sources. Permissible under Valencian Community regulations, the property holds potential for rural tourism accommodation, restaurants, or hotels.

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Property Features

7 bedrooms
3 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

41,990€

Final Payment of 90% on completion

404,910€

Property Purchase Expenses

Property price

449,900€

Transfer tax 8%

35,992€

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:

449,900€

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%.