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Ref: ECHS8792L
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Rare Dual Property Opportunity – Grand Part Renovated 4-Bedroom Home with Wooden Chalet on Expansive PlotWe are delighted to present a unique and rare opportunity to acquire two properties on one site, offering a wealth of space, character, and potential.Main House – 4 Bedrooms, 2 Bathrooms (Approx. 215m²)This elegant, character-filled home has undergone substantial renovation, including:A new roofNew windowsExternal paintingPlasteringSome completed tilingThe main structural and costly works are finished, leaving primarily cosmetic tasks such as:Additional tilingKitchen installationBathroom fittingsThis grand property boasts spacious accommodation with charming period features, such as exposed wooden beams on the ground floor. It offers huge potential for personalisation and completion to the buyer’s taste.Outside, the enclosed walled courtyards and extensive garden space provide a wonderful canvas for landscaping or entertaining.Wooden Chalet – 3 Bedrooms, 2 Bathrooms (Approx. 110.85m²)Situated on the same plot, the beautifully maintained wooden chalet is arranged over two floors and comprises:3 bedrooms2 bathroomsKitchenLoungeTerrace and balconyThis chalet is perfect as a temporary residence while completing the main house, or as a guest house for friends and family.External FeaturesTotal plot size: 6,665m², partially fenced10m x 5m swimming poolMains electricity and water connectionsThis dual-property setup offers a flexible lifestyle investment – ideal for families, multigenerational living, or those seeking to live in a tranquil, rural setting. La Romana village is a 5 minute drive.Viewings highly recommended to fully appreciate the scale and potential of this exceptional property.
Property Features
- 7 bedrooms
- 4 bathrooms
- 386m² Build size
- 6,665m² Plot size
- Pool: Private
- Cess Pit / Septic Tank
- Walking Distance- Restaurant/Bar
- Swimming Pool
- internet
- Storage room
- Guest House
- Mains Electric
- Mains Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 8%
16,800€
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.