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Property marketed by Stratus International Properties

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Spacious 10-Bedroom Villa with Guest Annex and Pool – Monóvar, AlicanteThis large and well-equipped villa in Monóvar offers the perfect setting for comfortable living, entertaining, or a potential holiday rental investment. Located just 30 minutes from both Alicante city and the beach, the property provides an ideal mix of countryside privacy and easy access to coastal amenities.This unique property in Monóvar offers a total built area of 812 m² on a 5,734 m² plot, combining comfort, space, and a wide range of outdoor and indoor features. The main villa includes four bedrooms and two bathrooms, along with a fully equipped kitchen, living room, laundry room, central heating, air conditioning, and a fireplace and a garage.In addition to the main home, the property includes a separate guest annex which needs some renovation, with five bedrooms and two bathrooms, ideal for extended family or hosting guests. There's also a small studio apartment behind the main house and a wine bodega for personal use. One of the original houses on the property would benefit from some renovation but provides significant potential.The outdoor space is well designed for entertaining and relaxation. A large swimming pool with sun loungers is the focal point, complemented by a barbecue area, American-style bar, chill-out gazebo, and mature pine trees offering shade and charm. For those who enjoy activities, the property features a small football pitch, ping pong table, table soccer, and a private gym.About the Area: Monóvar is a charming inland town in the Alicante province, known for its wine production, local gastronomy, and scenic landscapes. The town provides everyday services while offering a peaceful environment. The villa's location offers the tranquility of country living with the convenience of being only 30 minutes from Alicante Airport, the city, and the Mediterranean coast.We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas. We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
Property Features
- 10+ bedrooms
- 7 bathrooms
- 800m² Build size
- 5,734m² Plot size
- Mains Irrigation Water
- Covered Porch
- Outbuildings
- Entrance Hall
- White Goods
- Security Grills
- Fenced plot
- Barbecue [BBQ]
- Air Conditioning
- Open Terrace/Patio
- Utility room
- Electric gates
- Soak away
- Garage
- Mains Water
- Mains Electric
- Telephone
- Internet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
59,500€
Final Payment of 90% on completion
562,496€
Property Purchase Expenses
Property price
624,995€
Transfer tax 8%
50,000€
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.
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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.