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Ref: EFML7067P
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This beautiful Andalusian finca, with proven rental income, enjoys a semi-rural location, less than 5 km from all the amenities of Álora.Set in 4,597 m2 of attractively landscaped grounds, with a variety of fruit trees, there is a bright and spacious main house and pool, plus a delightful casita with its own pool, that the current owners successfully exploit for rural tourism.The 2 houses, along with 2 private pools, are located within a 4,597 m2 plot of fruit and nut trees , that is fully fenced and has a main entrance with electric gates and a second entrance which opens up additional possibility for rural tourism, perhaps tents or cabins. The property is accessed from a very quiet country road.The main house has light and spacious accommodation with a living room with open fire, additional bedroom/office, fully fitted kitchen and untility/laundry room and downstairs Toilet/shower room. Recent changes have included the addition of triple glazing and internal doors to conserve heat. Upstairs, there are three bedrooms and a bathroom and access to a roof terrace, with stairs down to the garden and pool. The pool area is very attractive with ample space for sunbathing and relaxing. There are several covered and uncovered terraced area around the house, perfect for entertaining.The casita is totally private, tucked into its own garden with a large above ground pool, landscaped in to its surroundings. With a large open plan Living room/ Kitchen and two Bedrooms and Bathroom, a shaded terrace, it is the perfect holiday let.Although this property is a Traditional country villa ,it offers very comfortable 21st century living; It enjoys a domestic water supply and also irrigation water and both the main house and the guest house have water purification systems installed.The property is connected to mains electricity, but the owners have invested in a very efficient solar power system. Solar panels can generate up to 5 kW at a time and property owners are regularly sending excess generated electricity into the national grid resulting in very significant reductions in electricity costs.Álora is a 'white village' with an imposing castle and excellent amenities and schools for all ages. There is also a train service with a direct link to Málaga. The famous Caminito del Rey is just a 10 minute drive away in El Chorro which is also internationally known for its climbing and the stunning lakes. ref:APN7333
Property Features
- 6 bedrooms
- 3 bathrooms
- 324m² Build size
- 4,597m² Plot size
- Swimming Pool
- 1
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
55,500€
Final Payment of 90% on completion
526,500€
Property Purchase Expenses
Property price
585,000€
Transfer tax 10%
58,500€
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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