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Ref: CJ920
Property marketed by Inland Andalucia

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Situated in the quiet hamlet of Peñas de Majalcoron close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. This 3 bedroom countryside home is located in an elevated position with far-reaching countryside views. With off road parking you enter the Cortijo with its generous 416m2 plot into a walled courtyard with outbuildings and two patio areas. A doorway from the lower central patio leads into an open plan lounge kitchen and dining room with a wood burner, to the left passing the stairs is a good size ground floor bedroom. The stairs take you to the first floor where you have another good size bedroom on the right, to the left is an impressive bedroom with a large living area. The semi-detached property has electricity but town water needs to be connected, priced to sell at 38,000 euros represents real value for a Cortijo with outside spaces and wonderful countryside views.
Property Features
- 3 bedrooms
- 0 bathrooms
- 103m² Build size
- 416m² Plot size
- Detached
- Fireplace
- Garden
- Ideal for Country Lovers
- Internet
- Investment Property
- Lounge Diner
- Off Road Parking
- On Street Parking
- Part Furnished
- Patio
- Renovation Needed
- Spectacular views
- Storage Room
- Water Deposit
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
800€
Final Payment of 90% on completion
34,200€
Property Purchase Expenses
Property price
38,000€
Transfer tax 10%
3,800€
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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