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Ref: EFML5559N
Property marketed by España Dream Properties

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Located in a charming hamlet located between Álora and Pizarra, this renovated property with high quality materials combines the charm of rural life with the comforts of a modern home. Every corner of the property has been designed to offer natural light, tranquillity and a cosy home.The house, all on one level, has a large private parking space for three vehicles at the main entrance. Upon entering, there is a spacious and bright living room that connects to an open kitchen, perfect for family or social moments.This part of the house has two fully equipped double bedrooms and an elegant bathroom with shower, which complements the sleeping area. From the living room, there is access to a large interior patio, equally bright, which has a laundry area and ample spaces for outdoor activities, such as gardening, a small swimming pool or a chill-out corner to enjoy evening evenings under the stars.In addition, the property includes a large separate room that is now a bedroom with a lounge area, a spacious built-in wardrobe and a full bathroom. There is the possibility of incorporating an additional small kitchen, which makes it an ideal space as a study, guest house, creative workshop or teleworking space.In addition, the house has an exceptional location. It is only 20 minutes from the airport and 25 minutes from Malaga.It is also very close to the famous Caminito del Rey, the mountains of El Chorro and its beautiful lakes.Without a doubt, a great investment opportunity that should not be missed. ref:APN7673
Property Features
- 3 bedrooms
- 2 bathrooms
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,500€
Final Payment of 90% on completion
256,500€
Property Purchase Expenses
Property price
285,000€
Transfer tax 10%
28,500€
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.