3 bedroom Country House for sale in Alora, Málaga, Spain

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Ref: EFML1039M

Property marketed by España Dream Properties

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Perched high in the hills this custom built, craftsman made wooden house is just fantastic. The living area is a massive open plan space with high quality fitted kitchen, dining space and wonderful lounge with double french doors and wood-burner fire. The very large main bedroom has an en-suite shower room and the other two large doubles share a shower room and separate cloakroom. The property is well insulated and double skinned, resulting in low heating and cooling costs. Outside there is a circular above ground pool and a purpose built covered bar and BBQ/Hog roast area with decking and seating. The views are stunning and the land of over 8,000sqm has olives and almonds.Over recent years the property has been upgraded with a new roof, solar, air con units and other improvements. The house has mains electricity, well water and water deposits. Access is via a well maintained riverbed track or mountain road. ref:APN7491

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Property Features

3 bedrooms
3 bathrooms
153m² Build size
8,174m² Plot size
Swimming Pool
0
1

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

15,600€

Final Payment of 90% on completion

167,400€

Property Purchase Expenses

Property price

186,000€

Transfer tax 10%

18,600€

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.

Mortgage Calculator

Mortgage Amount:

186,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.