Renovated 5 bedroom House for sale with panoramic view in Riogordo, Andalucia
This beautiful, immaculate house is located in a very convenient, attractive street in the picturesque village of Riogordo, with plenty of facilities, shops, restaurants, sports facilities, medical centre, and more.
The house sits of a plot of 362.7m2 and the house, on two floors plus a semi-basement, consists of a total of 415m2.
The house is on three levels.
On the street level is a large, modern kitchen/dining room, spacious living room and a smaller winter living room, an interior patio and a bathroom.
Steps from the patio lead to the huge g...
This beautiful, immaculate house is located in a very convenient, attractive street in the picturesque village of Riogordo, with plenty of facilities, shops, restaurants, sports facilities, medical centre, and more.
The house sits of a plot of 362.7m2 and the house, on two floors plus a semi-basement, consists of a total of 415m2.
The house is on three levels.
On the street level is a large, modern kitchen/dining room, spacious living room and a smaller winter living room, an interior patio and a bathroom.
Steps from the patio lead to the huge garage, for several cars, a vast workshop area large enough to be used as a dance studio, for yoga, etc, plus steps to a small garden - the ideal place for an outdoor pool.
Upstairs are 5 spacious bedrooms and one bathroom, and one of the bedrooms would work well if converted into a third bathroom.
Also on this floor is a large second kitchen/dining room, a living room with awning walls to one side that open out onto the terrace, plus a very large tiled open terrace with beautiful views across the countryside.
There is also an upper terrace with panoramic views of the village and the countryside.
This property is a family home but could also offer potential as a b&b and or similar business.
It is in a pretty, quiet street in the lovely country town of Riogordo with plenty of facilities and within 40 minutes of Malaga city and airport.
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This House is located in Riogordo in Spain
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Buying a Property in Spain
1. Putting down a Holding Deposit
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.
2. Setting up a Pre-agreement (Contrato privado de compraventa)
The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.
3. The Contract (Escritura de compraventa)
Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.