5 bedroom Townhouse for sale with panoramic view with Income Potential in Alhaurin el Grande, Andalucia
This grand old townhouse has been meticulously renovated to an impeccable standard, offering a unique blend of timeless charm and modern convenience. It has been thoughtfully converted into three separate apartments, making it an exceptional business opportunity or a versatile living space for a large family.
Upon entering the ground floor, there is a welcoming entrance hall that leads into the first apartment. This cosy yet spacious apartment features a comfortable living room, a generously sized bed...
This grand old townhouse has been meticulously renovated to an impeccable standard, offering a unique blend of timeless charm and modern convenience. It has been thoughtfully converted into three separate apartments, making it an exceptional business opportunity or a versatile living space for a large family.
Upon entering the ground floor, there is a welcoming entrance hall that leads into the first apartment. This cosy yet spacious apartment features a comfortable living room, a generously sized bedroom, and a contemporary shower room. The highlight of this apartment is its large, modern family kitchen, complete with a separate dining area that opens out onto an expansive patio-perfect for enjoying the Andalusian sunshine and al fresco dining.
The first floor houses the second apartment, which exudes a sense of spaciousness and comfort. It boasts two double bedrooms, a stylish living room, and a well-appointed shower room. The separate kitchen, with its sleek finishes, provides ample space for culinary pursuits and leads out to a large terrace, offering a serene retreat for relaxation and outdoor gatherings.
The second floor is home to the third apartment, characterised by its open-plan living area and kitchen. This bright and airy space is perfect for modern living, with two double bedrooms and a contemporary shower room completing the layout. A delightful terrace provides the ideal spot for morning coffee or evening cocktails, with views over the picturesque town.
Situated within easy walking distance of all local amenities, this property combines convenience with a prime location.
Whether you are looking to invest in a lucrative rental business or seeking a versatile home with ample space for extended family and guests, this fully renovated townhouse in Alhaurin el Grande is an opportunity not to be missed.
Embrace the charm of historic living with the comfort of modern amenities in this exceptional property.
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This Townhouse is located in Alhaurin el Grande 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.