5 bedroom Villa for sale in Setenil de las Bodegas, Cádiz, Spain

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Property marketed by Olvera Properties

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El Palacete is a stunningly beautiful Casa Rural (rural guest house) centrally located in Setenil de las Bodegas, built in the 'mansion' style with two floors and basement, with views of the natural monument 'Escarpes del Rio Trejo'. It is a fully registered Casa Rural with a steady turnover and with high ranking on several good websites. The property has marble tiling throughout, with dark walnut hardwood finishes. All windows are double glazed with mosquito nets and shutters. Heating is provided by low-power electric heaters and a fireplace with air turbine, and with air conditioning with heat pump in the master bedroom and pre-installed air conditioning in lounge. Each room in the house has independent music channels, wireless TV / radio and a telephone. The ground floor (90 m2) consists of a hallway, 1 bedroom / studio, bathroom with shower, 38 m2 lounge with fireplace, full kitchen with brand appliances and a viewing terrace. The first floor (90 m2) comprises 4 bedrooms, hallway corridor and bathroom with jacuzzi. There us also the possibility to expand into the (currently unconverted) loft of 60 m2. The basement (38 m2) has independent access from the street and two exterior windows, ideal for converting into apartments. El Palacete is a great opportunity to buy an established business in this beautiful and popular pueblo blanco. Early viewing recommended. Lot Area: 218 Sq. M Bedrooms: 5 Bathrooms: 2

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Property Features

5 bedrooms
2 bathrooms
218m² Plot size
lot area 218 sq m
bedrooms 5
bathrooms 2

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

19,000€

Final Payment of 90% on completion

198,000€

Property Purchase Expenses

Property price

220,000€

Transfer tax 10%

22,000€

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.

Mortgage Calculator

Mortgage Amount:

220,000€

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%.