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Ref: EFML8676X
Property marketed by España Dream Properties

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Amazing property with panoramic views of Alora and its castle.Beautiful and spacious house with lot of outdoor spaces and an adaptable annexe that could be converted in a guest accommodation.Location is very good, only 8 minutes to the town via access not a bad track.You enter the property through a spacious hallway.and on the right hand side you find a huge bedroom with en suite bathroom.The kitchen is well equipped with appliances and cabinets, next to the kitchen you will find a utility room and a guest toilet. From here you have access to a large tiled area with wooden fencing. This area leads to a lower level, a well planted area that the owners currently use for their hot-tub overlooking the valley.It also benefits from a spacious living room with wood-burning stove and air conditioning, ideal for winter and summer. The conservatory offers a nice spot overlooking the Arabic castle, which is beautifully lit at night. There are also two more double bedrooms and a shared bathroom with shower.Outside, you will find a covered carport suitable for up to three cars.The property also includes a versatile outbuilding with electricity and access to a water connection, a perfect opportunity to convert into independent guest accommodation or a hobby room, as it is included in the preAFO. There is also space to build a swimming pool.The water is provided from its own well and it has electricity connection.The owners are in the process to obtain the AFO. A great opportunity for investment. ref:APN7497
Property Features
- 3 bedrooms
- 2 bathrooms
- 230m² Build size
- 10,000m² Plot size
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,900€
Final Payment of 90% on completion
314,100€
Property Purchase Expenses
Property price
349,000€
Transfer tax 10%
34,900€
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.