Finca · Alhaurín El Grande · Price: €200,600

Bank Repossession, Reform Project.  Two houses on the same plot plus outbuildings.  Main house with 3 beds plus a study, 2 bathrooms, large kitchen (not fitted), living room with log burner fire and a side room, entrance hall.  Lounge has patio door access to a patio.  Roof terrace.  The guest house has living room, fitted kitchen, 2 bedrooms, bathroom and a study.  The guest cottage has its own gated access and gardens and a 56m² rooftop solarium to enjoy the panoramic country views.  Very tranquil setting.  The gardens to the main house has a modern 10 x 4m deep pool with roman steps at one end and a large surrounding sun terrace.  There is also a toilet block.  Underneat storage and pool pump room.  The property has a large 52m² garage.  Stables for 3 horses and a tack room.  A large 4,276m² plot, fenced and gated and with trees all around the perimiter adds to the privacy aspect of the property.  The bank has recently reduced the asking price down from almost €350,000 although in it's present condition we estimate that the cost to renovate and reform could be in the region of this amount.  However once completed this would be a substantial property on a large plot in an excellent location, just 5 minutes to the town centre and only 30 minutes to the airport, Malaga, Technology Park and Beaches.  This is a rare opportunity for a builder or investor buyer who has skills or the funds available and to carry out the reforms.  Finance may be possible from the bank subject to status.  Now only €200,600.  Just reduced from €236,000 !! (originally €350,000) This property will sell quickly!

 

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In compliance with the Royal Decree of the Junta de Andalucía 208/2005 of October 11, please note that the expenses applicable to the purchase of a property are governed by the prevailing Law: Purchase costs such as Notary, Land Registry, Purchase Tax VAT(IVA) and or, stamp duty (ITP) are not included in the price.