Income Producing 11 bedroom House for sale with countryside view in Alhaurin el Grande, Andalucia
This superb property is surrounded by a fence ensuring privacy and security.
Both houses are equipped with air conditioning for both cold and hot weather, as well as double-glazed windows for optimal comfort throughout the year.
The first house, with its charming wooden design, boasts one bathroom, three bedrooms, a spacious living room, kitchen, terrace, and a barbecue area.
The second house features three bedrooms, two bathrooms, a large kitchen-dining area, and a beautiful living room that opens onto the pool.
Additionally, it has terraces and a separate utility room. Furthermore, there are two independent apartments. One of them comprises two bedrooms and one bathroom, while the other has three bedrooms and two bathrooms.
The property is connected to the public sanitation system and has access to municipal water, as well as water from a private well and water from the irrigation community.
In total, the accommodation offers a total of 11 bedrooms and 6 bathrooms, surrounded by beautiful gardens and two swimming pools.
With a rural tourism licence, this property presents a fantastic opportunity, close to all the town's amenities and just a short 10-minute walk away.
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This House 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.