1 bedroom Country House for sale

1 bedroom Country House for sale

Castalla, Alicante
85,000
 
  • 1 bedroom Country House for sale
  • 1 bedroom Country House for sale
  • 1 bedroom Country House for sale
  • 1 bedroom Country House for sale
  • 1 bedroom Country House for sale
  • 1 bedroom Country House for sale
  • 1 bedroom Country House for sale
  • 1 bedroom Country House for sale
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Ref: OCG-12329766
Property marketed by Olive Grove Estates Olive Grove Estates
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Set within 14,000 m² of beautiful countryside in the sought-after Penaesa area of Castalla, this charming rustic property in need of total reform offers an incredible opportunity to create your dream home surrounded by nature. With sweeping views across the stunning landscape of Castalla and Alicante, the setting is peaceful, private and truly picturesque.

The land is planted with almond and olive trees, giving the finca an authentic Mediterranean character. There is an original 95 m² farmhouse ready for complete renovation, with the roof already replaced and in excellent condition. The generous ceiling height allows for the possibility of building a second storey or creating a striking double-height space. In addition, there is a 95 m² old house and a 5,000-litre cistern for personal water consumption.

Water and electricity connections are authorised and can be connected, making this an ideal project for those looking to design and restore a home entirely to their own taste. The property benefits from access via two roads, adding convenience and flexibility.

Despite its tranquil rural location, Castalla is just minutes away, offering supermarkets, restaurants, a health centre, sports facilities, Civil Guard and local police services. The motorway is easily accessible, and Alicante city, its beaches and the airport are only 30 minutes away.

This is a rare opportunity to reform a rustic finca in a beautiful natural setting while remaining close to all essential amenities.

Property Features

  • 1 bedroom
  • 1 bathroom

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
 
Property Purchase Expenses
Property price
85,000€
Transfer tax 8%
6,800€
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:
85,000€
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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