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Ref: AI-Iznajars Balcony
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Nestled in the breathtaking landscape of Iznájar, in the heart of Andalusia, this magnificent 297m² cortijo is set on a vast 4.3-hectare (43,000m²) plot. The estate boasts 250 productive olive trees, offering not only an idyllic setting but also an excellent opportunity for agricultural enterprise. Enjoying convenient access directly from the main road, a private gate opens onto a spacious parking area. The property welcomes you with mature gardens, a variety of fruit trees, and fertile vegetable patches. A charming porch, shaded by a lush grapevine, provides the perfect spot for al fresco dining while soaking in the tranquility of the countryside. From here, the views stretch across rolling olive-clad hills to the deep blue waters of the Iznájar reservoir. The porch leads into the heart of the home: a spacious living and dining room that serves as the central hub. The ground floor comprises: Three bright double bedrooms with exterior views. The master bedroom features a convenient en-suite bathroom. A fully equipped, independent kitchen with granite countertops and a large walk-in pantry. A staircase from the living room ascends to the first floor, which hosts two more generously sized bedrooms, both boasting the most spectacular views on the property, overlooking the countryside and the lake. With its own private entrance, the property includes a fully functional guest annex, ideal for visitors, holiday rentals, or extended family. This self-contained unit features: a cozy living-dining room with a fireplace,.two double bedrooms, a full bathroom., a well-appointed kitchen. The property also benefits from two storerooms, a separate winter lounge with a large, traditional fireplace, and two large water deposit tanks. This is a unique opportunity to acquire a versatile property brimming with authentic Andalusian character, enormous potential, and a truly privileged location. A viewing is essential to fully appreciate all that this remarkable estate has to offer.
Property Features
- View Video Tour
- 7 bedrooms
- 2 bathrooms
- 297m² Build size
- 43,000m² Plot size
- Landscaping
- Fence
- Gazebo
- Fireplace Wood
- Garden shed
- Equipped kitchen
- Garden
- Storage room
- Patio
- Well Water
- Storage tank
- Fruit Trees
- Pantry
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,500€
Final Payment of 90% on completion
292,500€
Property Purchase Expenses
Property price
325,000€
Transfer tax 10%
32,500€
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.