12 bedroom Other for sale

12 bedroom Other for sale

Castalla, Alicante
799,000
 
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
  • 12 bedroom Other for sale
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Ref: AG19MLSC5692467
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Estate for Sale in Castalla, Alicante – Unique Investment Opportunity on the Costa Blanca

Over 48,000 m² of Land with Historic Building

This estate sits on a magnificent 48,000 m² plot and features a splendid 1888-built structure, fully restored and ready to customize. Boasting 1,300 m² over three floors, it provides a robust and flexible foundation for a boutique hotel, event center, luxury country residence, or private estate.

Swimming Pool, Olive Groves & Spectacular Outdoor Spaces

Enjoy a pool, landscaped gardens, and an olive-growing area that enhances the beauty and authenticity of the landscape—perfect for outdoor events or unforgettable guest experiences.

Boutique Hotel Project with Profitability Study

A full boutique hotel project with financial viability plan is included, featuring:

12 en‑suite rooms

Spacious events hall

Professional kitchen & restaurant

Reception & laundry area

Beautiful outdoor spaces for events

Designed to establish this estate as a benchmark in quality rural tourism in Alicante.

Strategic Location

Located in a peaceful area, with quick access to the highway and well-connected to Alicante city and airport—ideal for both national and international guests, blending countryside serenity with city convenience.

Proven Agricultural Profitability:

The olive groves and cultivated areas of the estate show significant profitability potential. According to preliminary studies, the exploitation of the crops could generate an annual income of between €25,000 and €30,000 within 5 years, establishing a stable passive income source.

Expansion of Living Space:

The plot includes an additional 700 m² of buildable land, offering the possibility to construct another independent residence or expand the existing facilities (for example, additional suites, a spa, or accommodation for staff/owners), adding exceptional value and versatility to the investment.

Property Features

  • 12 bedrooms
  • 12 bathrooms
  • 1,300m² Build size
  • 48,000m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
76,900€
Final Payment of 90% on completion
719,100€
 
Property Purchase Expenses
Property price
799,000€
Transfer tax 8%
63,920€
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.

Mortgage Calculator

Mortgage Amount:
799,000€
Deposit:
Interest Rate:
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Mortgage Result

* 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.

Spanish Property News & Updates by Spain Property Portal.com

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%.

Read More

Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

Read More

In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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