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Ref: EFML1047H
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An amazing townhouse, once part of a Ducal estate, with 14 bedrooms and 9 bathrooms. Situated in the old town of Álora, it is part of the historic area surrounding the Plaza de la Despedia and magnificent church and close to the Castle which is a national monument. This house is one of the largest in Alora and has many wonderful features including an inner courtyard with a garden . It is need of some up-dating as parts of it are little usedThe house is on five levels, three floors above street level and two lower levels. On the Ground Floor there is an entrance hallway, Living room, Dining room, Kitchen, from where you can access the courtyard, 3 Bedrooms, 2 bathrooms. On Lower Floor1 - Living room, Bedroom with ensuite bathroom, Family bathroom. On Lower Floor 2 - Living room, Bedroom with ensuite bathroom, Kitchen with access to the garden of the house.The Upper 2 floors are accessed from a separate entrance from the street T, but can also be accessed from the main house, giving the option of one very large or two smaller properties. On the First floor there are four bedrooms, two bathrooms, Living room and Dining room. On the Second Floor we have two separate apartments as follow:- Apartment 1: Three bedrooms, Bathroom, Living room, Kitchen. Apartment 2: Two bedrooms, Bathroom, Living room, Kitchen. Stairs from the second floor lead to a large attic space and roof terrace.The potential for this property is enormous. With over 1000m2 of living space, it is in need of modernisation and attention, but when completed could make an impressive family home, boutique hotel, apartments or B&B. The choice is yours. ref:APN6571
Property Features
- 14 bedrooms
- 9 bathrooms
- 1,085m² Build size
- 351m² Plot size
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,900€
Final Payment of 90% on completion
440,100€
Property Purchase Expenses
Property price
489,000€
Transfer tax 10%
48,900€
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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