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Building for Sale in Monóvar – €199,990
This three-storey building in Monóvar is now available on the market, combining residential spaces with a ground-floor premises, offering multiple possibilities for both investment and private use. Built in 1975 and extended in 1986, the property has a total built area of approximately 360 m² distributed across a garage and two independent apartments, with terrace and rooftop solarium.
Ground floor – Garage and premises
110 m² of open space.
Capacity for several vehicles.
Additional area used as storage room.
Direct street access through a manual garage door.
First floor – Apartment to renovate
Approximate surface: 125 m².
This is the floor that requires the most refurbishment and modernization.
Layout: three bedrooms, one bathroom, an office, living room with integrated kitchen, pantry, and guest toilet in the kitchen.
Equipped with air conditioning.
Existing furniture is included in the sale.
Second floor – Apartment in good condition
Approximate surface: 125 m².
Built in 1986, in better overall condition.
Layout: living-dining room, kitchen with guest toilet, laundry and pantry, three bedrooms, and a family bathroom located in the hallway.
Some furniture is included in the sale.
Extras and outdoor areas
Main terrace with renovated façade and windows.
Alarm system installed.
Rooftop solarium with panoramic views over the town of Monóvar and the surrounding mountains.
The area of Monóvar
Monóvar is a town in the province of Alicante with a strong Mediterranean character, known for its history, traditions, and natural surroundings. It offers all essential services, including schools, health centres, supermarkets, and a wide range of cultural and gastronomic options. Well connected by road, Monóvar provides easy access to Alicante city, the airport, and the beaches of the Costa Blanca, all less than 30 minutes away by car. Its setting combines the charm of a peaceful town with the convenience of being close to major urban centres, making it an ideal place for permanent living as well as for investment.
Property Features
- 6 bedrooms
- 2 bathrooms
- 250m² Build size
- Airconditioning
- Parcially furnished
- Solarium
- Utility room
- Garage
- Alarm system
- Fast internet & phone
- Mains electric
- Mains sewerage
- Mains water
- Walking Distance To Town
- Pool: No
Costing Breakdown
* 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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* 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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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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