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Ref: AMT5643W
Property marketed by España Dream Properties

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Spacious property in the sought-after area of Collado de Novelda, Monóvar, offering great potential for renovation and customization. The property consists of a main house with 329 m² built (as per Catastro) and a large garage of 150 m², both set on a fully fenced plot of 3,963 m² with two entrances and an automatic gate.
The main house is distributed over three levels. On the ground floor, you will find four bedrooms, two bathrooms, a kitchen with dining area and direct access to a traditional bodega/wine cellar via a spiral staircase, and a living room with a fireplace. An L-shaped covered terrace completes this floor, perfect for enjoying outdoor living.
The first floor offers four additional bedrooms and a family bathroom. In addition, there are two extra rooms with sloping ceilings, ideal for creating a study, playroom, or storage area. An attic space provides further storage possibilities.
The 150 m² garage is perfect for hobbyists or entertaining, featuring a kitchen, fireplace, utility room, and a large salon for fiestas. A carport provides covered parking for 4–5 cars.
The plot includes various outbuildings and offers ample space to build a swimming pool, creating your own private oasis. Utilities such as drinking water and electricity are already connected.
Built in 1978, the property requires renovation, making it an excellent opportunity to create a spacious family home or a rural retreat in a tranquil setting just minutes from town.
The main house is distributed over three levels. On the ground floor, you will find four bedrooms, two bathrooms, a kitchen with dining area and direct access to a traditional bodega/wine cellar via a spiral staircase, and a living room with a fireplace. An L-shaped covered terrace completes this floor, perfect for enjoying outdoor living.
The first floor offers four additional bedrooms and a family bathroom. In addition, there are two extra rooms with sloping ceilings, ideal for creating a study, playroom, or storage area. An attic space provides further storage possibilities.
The 150 m² garage is perfect for hobbyists or entertaining, featuring a kitchen, fireplace, utility room, and a large salon for fiestas. A carport provides covered parking for 4–5 cars.
The plot includes various outbuildings and offers ample space to build a swimming pool, creating your own private oasis. Utilities such as drinking water and electricity are already connected.
Built in 1978, the property requires renovation, making it an excellent opportunity to create a spacious family home or a rural retreat in a tranquil setting just minutes from town.
Property Features
- 8 bedrooms
- 3 bathrooms
- 480m² Build size
- 3,963m² Plot size
- Office
- Study
- Wine Cellar
- Fireplace
- partly furnished
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 8%
17,600€
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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