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Ref: R22345
Property marketed by Casas Almeria
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This villa for renovation is located in the peaceful La Canalica area within the municipality of Vélez Rubio. The property sits on a generous 34,000 m² plot, offering complete privacy and surrounded by nature perfect for gardens, leisure areas, or even agricultural projects.
The house offers approximately 150 m² of living space. Both the exterior walls and the roof are constructed from wood, while the interior walls are made of plasterboard. The property requires a full renovation, giving the new owner the freedom to redesign and customize the home to their exact preferences.
Currently, the property does not have water or electricity, but connections are available.
Nestled in a tranquil rural environment, it is just minutes from the center of Vélez Rubio, roughly 45–60 minutes from the Mediterranean coast, and about 1 hour and 15 minutes from the nearest airport, providing both seclusion and accessibility.
The house offers approximately 150 m² of living space. Both the exterior walls and the roof are constructed from wood, while the interior walls are made of plasterboard. The property requires a full renovation, giving the new owner the freedom to redesign and customize the home to their exact preferences.
Currently, the property does not have water or electricity, but connections are available.
Nestled in a tranquil rural environment, it is just minutes from the center of Vélez Rubio, roughly 45–60 minutes from the Mediterranean coast, and about 1 hour and 15 minutes from the nearest airport, providing both seclusion and accessibility.
Property Features
- 0 bedrooms
- 0 bathrooms
- 150m² Build size
- 34,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,490€
Final Payment of 90% on completion
49,410€
Property Purchase Expenses
Property price
54,900€
Transfer tax 8%
4,392€
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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