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Fantastic Cheap Reform Property San Pablo

Price recently dropped. €35,000

San Pablo de Buceite

Overview

Property ID: SP35
Area: 173m²
Bedrooms: 5
Bathrooms: 1

Description

San Pablo de Buceite

Large, solidly built 2 storey property, originally two village houses combined into one. The house needs a new roof and complete makeover. It is waterproof but has uralite, asbestos laced fibre cement, as most of its roofing. Total built 146 m2, plot size 173 m2. Originally built in 1965 and then reformed in 1988. There are 2 kitchens, 2 or 3 sitting rooms and 3 or 4 bedrooms. There is also a small patio that can be enlarged by knocking down the 2 storage rooms.

Fantastic Price 35,000 euros

This can be yours for only 35,000 €. The house is an inheritance property and the title deeds of inheritance have just been prepared at the notary. The next stage is paying for these and then registering the property at land registry for the first time. To achieve this, the Buyer needs to pay approximately 30% deposit direct to the notary and then once updated the sale can complete.

Provenance guaranteed

The property has been in the same family since it was built almost 60 years ago and the inheritance document guarantees full ownership in beneficiaries. The council tax is approximately 170 euros per year. Electricity and water meters need reconnecting.

Looking for a Project …

If you fancy taking on a project, this will convert to 3 or 4 apartments for a rentals portfolio or can become a spacious family home for the resales market.

Location Los Alcornocales

San Pablo de Buceite grew from families building their own homes on fields that belonged to Larios the gin people and Cañada Real. Originally without proper papers, as the townsfolk increased in prosperity and time advanced onwards, the properties became legalised and urbanised under town hall ordinances. The village is small – maybe 1,900 inhabitants. Many work on the coast or are local tradesmen. Situated 15 minutes in car from the historic white village of Jimena de la Frontera in the direction toward Gaucin. At 45 minutes from the coast and an hour to Gibraltar this inland village has held onto all of the charm of old Spain. It is largely middle class with a good standard of living and is located within the municipality of Jimena de la Frontera. As rentals on the coast and in the historic village of Jimena shoot up in price, more and more families are now relocating here and commuting to their place of work. This is a good opportunity as the area around Jimena expands – including the 5 start hotel currently being constructed. All that you need is here from hairdressers to tapas bars, restaurants, a health centre and pharmacy. The locals have a book swap club and are keen environmentalists. Living among the green hills of the Los Alcornocales Natural park, they are conscious of how important a role Nature plays, but also like to enjoy the 3 course meals at great restaurants for 11 euros a head including drinks.

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Location

San Pablo de Buceite

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