Rustic property in need of renovation for sale in Costitx
  • 300,000€

Description

A finca in need of renovation for sale in Costitx this rustic property is located a few minutes from the center of Costitx.

On a large plot of land in a quiet environment and surrounded by nature, in a area which is classified as ANEI (Natural Area of ​​Special Interest) and requires a comprehensive reform, offering an excellent opportunity for those looking for a rehabilitation project in a privileged environment.

According to cadastral information, there are two buildings on the property both with construction dates from 1970. One is discribed as housing and the other building is discribed as agricultural use or use as a agricultural warehouse. The property has a well, although it does not have electricity.

The existing living space, offers the opportunity for renovation and modernisation, subject to the planning and environmental restrictions that apply within an ANEI. Any proposed works would therefore need to respect the existing building and be carried out within the limits permitted by the relevant authorities.

The renovation constraints do permit legally registered properties inside a ANEI area to be maintained, repaired, or modernized in particular with a focus on improving sustainability and energy efficiency.  However, extensions or increasing the original footprint of the house are forbidden, the building described for agricultural or as a warehouse can be improved and used as a studio space for an artist or a workshop for a craftsman for example. But the planning authority would restrict a living space to the area which is all already registered as a living space.

While these protections place restrictions on the development of the property, no new construction is permitted within the area or the renovation of properties which are not correctly registered.

They are also an important part of the property’s appeal. The designation helps protect the surrounding countryside from intensive development, preserving the natural landscape, tranquillity and rural character of the area.

Set on a large rural plot, this is therefore a property particularly suited to someone looking for privacy, nature and a more peaceful rural lifestyle rather than a property intended for substantial redevelopment or expansion.

For the right buyer, the restrictions associated with the protected setting are balanced by the opportunity to own and restore a home within one of Mallorca’s protected natural landscapes, where the character and beauty of the surrounding countryside are intended to remain preserved for the future. Close to a village with a focus on preserving the tradition and heritage of the villages of the interior of Mallorca.

It could be the perfect retreat for an artist, writer, designer, craftsman, nature lover or anyone simply looking for a quieter way of life. A charming countryside hideaway where you can create, think, work or simply enjoy the peace and beauty of rural Mallorca. Perhaps this could be yours.

For more information or to arrange a visit, this finca in need of renovation for sale in Costitx.

Do not hesitate to contact us.

Details

  • Property ID A8112
  • Price 300,000€
  • Property Size 256 m²
  • Land Area 24045 m²
  • Bedroom 1
  • Bathroom 1
  • Year Built 1970
  • Type Finca
  • Property Status For Sale

Features

Property Condition
Property Location
Property Views
Utilities and Public services / Water / Electricity
  • Address: Cami de Can Amalor, Costitx, Spain
  • City: Costitx
  • State/county: Pla Central Mallorca, Baleares
  • Zip/Postal Code: 07144
  • Country: Spain

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Contact Information

Mallorca Property Guru Carmen Dols Bastard

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Liability exclusion All data is deemed reliable but is not guaranteed accurate by Mallorca Property Guru. This data is subject to change of price or even withdrawal without notice. The agency fees of Mallorca Property Guru for a successful mediation upon a property sale are settled by the vendor. In case of a rental agreement the tenant is liable for the agency fee for a temporary rental. Agency fees are paid by the owner for long term contacts. All prices here quoted exclude VAT and any other applicable taxes and levies. Purchase taxes and fees are payable by the purchaser. Transfer tax ITP: 8 %–13 % (progressive) of the purchase price in Mallorca, Notary fees: 0.2%-0.5% of the purchase price, Land registry: 0.1%-0.25% of the purchase price. Lawyer fees Typically: of the purchase price 1%-2% For more information read our blog page: Purchase Construction Costs Calculator Mallorca Spain

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