8 bedroom Villa for sale with countryside view with Income Potential in Alhaurin de la Torre, Andalucia
This magnificent property is a real gem for horse lovers or entrepreneurs looking to develop a tourism project. Located just 20 minutes from the city of Malaga, a tarmac road leads to this idyllic spot.
At the heart of this large plot is a brand new home comprising of two separate apartments, offering exceptional versatility. Each of these spacious apartments includes a large kitchen, as well as four comfortable be...
This magnificent property is a real gem for horse lovers or entrepreneurs looking to develop a tourism project. Located just 20 minutes from the city of Malaga, a tarmac road leads to this idyllic spot.
At the heart of this large plot is a brand new home comprising of two separate apartments, offering exceptional versatility. Each of these spacious apartments includes a large kitchen, as well as four comfortable bedrooms to accommodate family and friends. The bright and spacious living and dining areas are perfect for relaxing and entertaining. This configuration allows for flexible use, whether as a holiday rental or as a home for two families.
In addition, the property includes a 216m2 warehouse, offering incredible potential for the development of a leisure area, additional storage space or any other imaginative project.
The adaptability of this space means it can meet the specific needs of a project. There is also a huge swimming pool.
The location is simply ideal. Just a 5 minute walk away are two delightful local restaurants, a school, and a 5 minute drive away, a golf course for golf enthusiasts. This variety of nearby activities guarantees a pleasant living experience and a great attraction for visitors.
Overall, this house offers exceptional space and flexibility for a wide range of projects.
Whether you are passionate about horses, dream of creating a tourism project or simply wish to enjoy the space and serenity, this property represents a rare opportunity.
The property also includes stables so that even your horses can have their own home.
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This Villa is located in Alhaurin de la Torre 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.