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Ref: OCG-77962104
Property marketed by Olive Grove Estates
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Unlock the incredible potential of this expansive country estate in the sought-after Paraje Boquera. Positioned as a prime cosmetic renovation project, this solid structure offers a massive 560m² footprint ready for a modern transformation. The main two-story residence provides a traditional foundation featuring a classic fireplace and original pantry, perfectly suited for a contemporary "rustic-chic" makeover. With extensive outbuildings and garages totaling over 300m², the property is a dream for those looking to create a boutique guest house, artist studios, or a sprawling family ranch. Perfectly positioned just 500 meters from the renowned Hotel Boquera, the property serves as a gateway to nature, with endless walking and horse-riding trails right on your doorstep. The main residence is a charming two-story home featuring a traditional kitchen, a cozy living room anchored by a classic fireplace, and four spacious bedrooms. Beyond the living quarters, the property boasts an impressive footprint of versatile outbuildings and garages, offering a blank canvas for a workshop, studio, or guest expansion. Whether you are enjoying the mountain breeze from your 1,300-meter plot or considering the addition of the adjacent 7,000-meter vineyard, this home is a true Mediterranean sanctuary located just ten minutes from the heart of Yecla and an hour from the coast.
Property Features
- 5 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
116,996€
Property Purchase Expenses
Property price
129,995€
Transfer tax 8%
10,400€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.




