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Property marketed by Stratus International Properties

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Townhouse to Reform in Prime Location – Excellent Investment Opportunity!This spacious traditional townhouse in need of renovation is located just a short stroll from the heart of Pinoso, offering an unbeatable location within walking distance to all daily amenities including shops, cafes, schools, culture, and medical services.Set across two floors with an attic, this property, built in traditional style, offers a wealth of potential for transformation into a stunning family home or boutique accommodation.On the ground floor, you'll find a welcoming entrance hall, a kitchen, bathroom, and living room, a separate office room and storage area. Upstairs there is a large hallway leading to two bedrooms, a spacious bedroom/salon, with charming little balconies. Beautiful feature staircase adding character and styleTo the rear of the property, there's a private patio with a second bathroom and storage space, plus a gallery above with independent access from another street. The house could accommodate 2 separate apartments, studio, or guest space. Upstairs, the attic provides even more storage or conversion potential.The house is connected to mains water, electricity, and sewer. The walls and floors are structurally sound, the roof was reformed, the rest require a reform - an excellent opportunity to customize a large, traditional home in a vibrant Spanish town.Don't miss this chance to invest in a property full of charm and potential, in a great location at a great price!About the area: Pinoso (Alicante, Spain), known for its stunning countryside, and welcoming atmosphere, offers a perfect blend of traditional Spanish culture and modern conveniences. Surrounded by picturesque vineyards and rolling hills, Pinoso is renowned for its quality of life, with excellent local amenities, schools, and easy access to both the vibrant cities of Alicante and Elche, as well as beautiful Mediterranean beaches. Whether you're seeking a peaceful rural retreat or a family-friendly community, Pinoso is an ideal place to invest in property, combining serene living with great potential for growth.About us: We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas. We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
Property Features
- 5 bedrooms
- 2 bathrooms
- 180m² Build size
- Balcony
- Storage
- Entrance Hall
- Mains Sewerage
- White Goods
- Security Grills
- Open Terrace/Patio
- Larder
- Mains Water
- Mains Electric
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,200€
Final Payment of 90% on completion
64,800€
Property Purchase Expenses
Property price
72,000€
Transfer tax 8%
5,760€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.