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Ref: SV2204
Property marketed by Signature Villas SL
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Building plot for sale of 800 m2 in Alcalali (Alicante ) Costa Blanca. On this plot there is the possibility of building a house of on two floors. This is a plot in a lovely urbanization with fantastic views of the valley and mountains. Just a few minutes’ drive to the village of Alcalali with all its services.
Property Features
- 0 bedrooms
- 0 bathrooms
- 795m² Plot size
- Near Beach
- Close To Golf
- newly built
- close to all amenities
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 8%
9,600€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.