7 bedroom House for sale with countryside view with Income Potential in Alhaurin el Grande, Andalucia

1,175,000 EUR 1,010,500 GBP 1,269,000 USD

Reference: 247455

Bedrooms: 7
Bathrooms: 6
Floor Size: 418 m2
Plot Size: 1.21 hectares / 2.98 acres

Features

Potential for Income
Multiple Dwellings
Equestrian Facilities
Balcony
Countryside View
Quiet Area
Parking
Traditional Style
Good Condition
Private Pool
Land
Garden
Terrace

Details

Rare opportunity to acquire an outstanding 5 bedroom Andalucian style country house with separate 2 bedroom annex, nestling in nearly 3 acres of mature gardens with pool, equestrian facilities and land, enjoying panoramic countryside views from its location near all amenities in Alhaurin el Grande.

This stunning property offers a very spacious living area and is less than 5 minutes to the town. It has been lovingly reformed in a rustic style but with modern high-quality finishes.

In the main house is a spacious open plan living area via a covered terrace. From here there are different exits to the mature gardens.

From the living room there is access to the open plan kitchen with dining area, also from the living room is access to a double bedroom and shower room. From the entrance hall stairs lead to 2 more very spacious bedrooms and another shower room.

The living room leads onto the courtyard where there is access to 3 very large bedrooms; 2 are en-suite and one has a walk in wardrobe.

Opposite the main house is the annex, which has been converted into living space, with a beautiful living room, 2 further bedrooms and a shower room.

The pool is adjacent to the terrace from the living room, which makes it perfect for cooling down on summer day.

The property is a dream for horse owners as there is stabling for 3 horses, a 75m by 25m picadero as well as another separate training arena. There are 3 separate water supplies, one from the town and also its own well as well as irrigation water.

This is indeed a remarkable country property and one that needs to be seen to be truly appreciated.

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Spain Property Buying Guide

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.