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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Castalla Estate for Sale – Boutique Hotel Project

Tourism Investment with History and Potential

Built in 1888 and fully renovated, the estate preserves the authentic character of Mediterranean architecture. With over 1,300 m² built on a 48,000 m² plot, it offers the ideal foundation for a boutique hotel, rural retreat or wellness center.

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.

Boutique Hotel Project in Inland Costa Blanca

The property includes a boutique hotel project with financial feasibility study, designed to deliver a unique experience in a peaceful natural setting.

The plan features:

12 en-suite bedrooms

Restaurant with professional kitchen

Event hall for weddings and retreats

Reception, laundry and common areas

Swimming pool, gardens and olive groves

A perfect investment opportunity for those looking to develop a profitable rural tourism project in Alicante.

Strategic Location

Just 30 minutes from Alicante city and the international airport, the estate combines countryside tranquility with excellent access to the coast and major tourist destinations.

A Property with Vision

This estate in Castalla represents a unique real estate and tourism investment in the heart of Costa Blanca — a property with history, character and potential to become a boutique rural hotel.

Additionally, due to its size and surroundings, it can also be transformed into a private residence, ideal for those seeking a spectacular home in nature.

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%.

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

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

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