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Ref: EIV2031N
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Charming 6-Bedroom Country Home with Stunning Views – Potential for Two ApartmentsWe are delighted to present this spacious and versatile country home on the edge of Monóvar, offering breathtaking views and a peaceful rural setting. Situated on rustic land, this substantial 400m² property is currently arranged as two separate apartments, yet retains the flexibility to function as a single large family home. It's a perfect opportunity for those seeking multi-generational living, guest accommodation, or rental income potential.The ground floor features two comfortable double bedrooms, along with two generous lounges—one of which could easily be converted into a third bedroom if desired. The main kitchen is well-appointed and includes access to an internal staircase leading to the upper floor. There's also a second, smaller kitchen ideal for entertaining or serving outdoor gatherings. In addition to these living spaces, the ground floor also includes a spacious garage/workshop, a tiled utility or storage room, and several additional storage areas, offering ample functionality throughout.Upstairs, the home offers four further bedrooms, a family bathroom that would benefit from some modernisation, and a particularly large lounge currently housing a pool table. This floor also enjoys access via an external staircase and is surrounded by terraces that take full advantage of the beautiful views. With the simple addition of a door lock at the staircase, the two levels can easily be separated into two independent apartments—ideal for family members, guests, or tenants.The property is supplied by a single meter for both mains water and electricity. However, it also benefits from two rainwater wells, which are particularly useful for garden irrigation. While the home enjoys a quiet rural atmosphere, it remains conveniently close to the town of Monóvar, ensuring access to all essential amenities.This is a unique property that offers outstanding value, space, and flexibility. Whether you're looking for a large family residence, a home with income potential, or a countryside retreat with room to grow, this charming house is well worth viewing.
Property Features
- 6 bedrooms
- 2 bathrooms
- 404m² Build size
- 900m² Plot size
- Swimming Pool
- Pool: Private
- Water Deposit
- walking distance to town
- Walking Distance - Restaurant / Bar
- Mains Water
- Mains Sewerage
- Mains Electric
- fenced plot
- Fast Internet & Phone
- Guest House
- Fireplace
- Alarm System
- Central Heating
- Garage
- Utility Room
- Terrace
- White Goods
- Not furnished
- Barbecue
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,000€
Final Payment of 90% on completion
234,000€
Property Purchase Expenses
Property price
260,000€
Transfer tax 8%
20,800€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.