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The Living Space & Potential
The property features a traditional cave house, consisting of two bedrooms and a central living area with a kitchen. These dwellings are famous for their natural microclimate, staying cool in the summer and warm in the winter.
Important Note for Renovators: There is currently no bathroom or toilet installed in the house. This allows the new owner to design and install modern sanitary facilities exactly according to their needs and standards.
Legal Status & Infrastructure
We believe in full transparency to ensure a smooth purchase:
Registration: The property is fully correctly listed in the Catastro. The formal update of the Land Registry (Registro) is currently in progress and has been professionally prepared for the new owner.
Outbuildings: A 45 m² "trastero" (store room) is officially registered in the deeds, offering excellent potential for a workshop or extra storage.
Water: Over 3 hectares of land with agricultural water (Riego) already connected.
Location & Surroundings
This property offers a unique blend of absolute privacy and easy accessibility via a paved road leading almost to the gate.
Guaranteed Tranquillity: The plot borders the local cemetery on one side. While unusual for some, it is a significant advantage for those seeking peace: it ensures permanent silence and guarantees that no future developments will ever be built in that direction.
Views: From your elevated position, you can enjoy breathtaking, uninterrupted vistas of the mountains and the famous vineyards of Monóvar.
If you are looking for a structurally solid project with a clear legal path and the freedom to build your dream interior from scratch, this Monóvar estate is waiting for you.
Property Features
- 2 bedrooms
- 0 bathrooms
- 45m² Build size
- 32,000m² Plot size
Costing Breakdown
* 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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.