8 bedroom Hotel for sale with countryside view in Guaro, Andalucia

900,000 EUR 774,000 GBP 972,000 USD

Reference: 188473

Bedrooms: 8
Bathrooms: 8
Floor Size: 984 m2
Plot Size: 0.72 hectares / 1.79 acres

Features

Balcony
Terrace
Fruit Trees
Possible Extra Dwellings
Potential for Income
Countryside View
Parking
Good Condition

Details

This wonderful countryside hotel is more like an estate which comprises seven 7 independent residences with amazing views from the balconys. All residents have use of the large swimming pool and surrounding terraces, the outdoor dining area, barbecue, gardens and children's playground.

Originally a Finca, this lovely hotel is set on farmland of 10 hectares with an orchard of orange trees in the lower area bordering river Santa, where you can visit a XV century Mill which gives its name to this place.

It is located at the gates of the Sierra de las Nieves Natural Park, between the towns of Guaro, Alozaina, Tolox and Coin. Only 350 meters away one can enjoy the fabulous mountain views.

This hotel is only 2 kilometres far from Guaro, 12 kms of Coin or 24 kms from Marbella.

A fully operational business.

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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.