5 bedroom Villa for sale with Income Potential in Los Gallardos, Andalucia
The house benefits from high walls all around and is very private.
Underneath the main house are 2 annexes which are great to accommodate family and friends. One is a 2 bedroomed annexe and the other has one bedroom.
Next to these is a garage which could be converted into a small studio, work room or workshop.
The pool needs a little TLC as it has had no water in it for some time.
The house has character inside but could be reformed into a more modern interior if desired.
This property com...
The house benefits from high walls all around and is very private.
Underneath the main house are 2 annexes which are great to accommodate family and friends. One is a 2 bedroomed annexe and the other has one bedroom.
Next to these is a garage which could be converted into a small studio, work room or workshop.
The pool needs a little TLC as it has had no water in it for some time.
The house has character inside but could be reformed into a more modern interior if desired.
This property comes with multiple possibilities and is in a lovely quiet area with views of the Cabrera mountains.
The main house comes with living space of has 117m2. (With the annexes in addition to this). There is a large living room diner with a working fireplace leading into the kitchen, the kitchen has an outside door leading down to the patio and to the pool. From the living room there is access to 2 bedrooms, the master bedroom is en-suite, there is also a family bathroom and a guest wc. .
Set in a mature garden with fruit trees, many terraces, one having a featured fishpond.
Both annexes have their own terrace leading out to the large garden.
The property comes with a full AFO.
Local Area Los Gallardos is a small village situated in the valley just below Bedar.
The narrow streets surround the beautiful village square where the locals congregate for the fiestas of which Los Gallardos enjoys reknown for the hosting some of the best in the area.
Every Thursday there is a street market selling a variety of goods, including fresh local produce.
There are a variety of shops within the village to serve the community and a fine variety of bars and restaurants to suit all tastes.
A church, school and medical centre are also to be found here making it an excellent location for all age groups.
Within a short drive there are 5 quality golf courses and there are many interesting hiking trails in the area.
The village is just a short drive from Mini Hollywood at Tabernas where you can enjoy the history of many of the Spaghetti Westerns filmed in the area along with many other featured attractions. The caves at Sorbas are nearby hosting various walks with different degrees of difficulty. Well worth a tour.
Situated less than an hours drive from Almeria international airport and 2 to 2.5 hour drive to the airports of Murcia and Alicante. Los Gallardos has excellent motorway access and in the next few years will be served by the AVE high speed train from Madrid which will stop at the nearby town of Vera.
The nearest beaches of Mojacar and Garrucha are approximately 14 kms away.
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This Villa is located in Los Gallardos 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.