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Ref: EFML8622T
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In a secluded, mountain location and with expansive views, this traditionally built farmhouse offers excellent accommodation which still has the flexibility to change to suit your needs. Downstairs, there is a semi-fitted kitchen, an excellent dining room, with doors to the rear terrace and an archway through to the sitting room which has a feature fireplace. There is also a single bedroom and a bathroom with separate large shower. From the sitting room stairs lead to a massive open plan room, ideal as a studio, but which would easily divide into 2 bedrooms if required. It also has access to a super covered terrace with views to the Torcal mountains and El Chorro. The land is quite steep with a variety of Olive and Almond trees. There is a good well and Electricity is supported by solar panels which provide for the hot water and the house. The house did have a mains connection in the past, which could be requested again. The access is via a country track and the house is approximately 20 minutes drive from the towns of Álora or Cártama Estacion.For the past 10 years the house has been tenanted and whilst the interior is fine, externally the land needs a good tidy up! ref:APN6665
Property Features
- 3 bedrooms
- 1 bathroom
- 158m² Build size
- 19m² Plot size
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 10%
19,500€
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.