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Well-Maintained Traditional Andalusian Cortijo with 400 Olive Trees, Modern Comfort, and Tourist License near Salar, GranadaDiscover this charming two-story Cortijo in traditional Andalusian style, set on a spacious 37,500 m² plot with 400 productive olive trees – perfect for both private use and commercial olive oil production The property combines authentic character with modern comfort and energy efficiency, making it a low-maintenance investment with high potentialLiving spaces:3 spacious bedrooms2 fully equipped bathrooms2 large terraces with stunning mountain and olive grove viewsGarage/carport for up to 4 vehiclesAir conditioning, underfloor heating on both levels, and wood-burning stove11 solar panels and private water well with excellent supplyMunicipal electricity as backupRe-Built in 2007, modernized 2022/2024Tourist license for vacation rentalGround floor:Large covered terrace at the entrance with panoramic views Open-plan kitchen with dining area, pantry with water purifier and hot water system, bathroom with shower and laundry, one bedroom used as office, and one additional spacious bedroomUpper floor:Spacious living room with wood-burning stove and air-conditioning, access to rear terrace Master bedroom with en-suite bathroom and terrace access, ideal for staying cool during hot summersEconomic and rental potential:Income opportunities from olive oil production, plus vacation rental potential Low running costs thanks to solar panels and private water wellLocation:5 minutes to Salar village with supermarkets, restaurants, pharmacy, medical center, public pool, and museums15 minutes to Loja with train station and hospitalLess than 1 hour to Malaga airport and beaches15 hours to Sierra Nevada for winter skiingThis Cortijo is ideal for those seeking rural charm combined with modern comfort, panoramic views, and a profitable investment
Property Features
- 3 bedrooms
- 2 bathrooms
- 173m² Build size
- 37,500m² Plot size
- Year Built-2018
- Fireplace
- Garage
- Private Terrace
- Solar panels
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 10%
23,500€
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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.











