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Ref: PT3048
Property marketed by InlandVillas Spain
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Land in Torre Del Rico. A selection of seven Building Plots situated just outside the village of Torre Del Rico which is only 6 minutes from the town of Pinoso. All the plots come with water and electric. Plot 1) 72_2 = 11,030m2 for € 83,200. Plot 2) 72_4 = 5,394m2 for € 43,750 Plot 3) 72_6 = 9,489m2 for € 72,450 Plot 4) 72_7 = 9,470m2 for € 72,300 Plot 5) 72_8 = 6,381m2 for € 52,700 Plot 6) 72_9 - 11,422m2 for € 82,000 Plot 7) 72_85 & 86 = 8,437m2 for € 62,000.
Property Features
- 1 bedroom
- 1 bathroom
- 5,394m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,375€
Final Payment of 90% on completion
39,375€
Property Purchase Expenses
Property price
43,750€
Transfer tax 8%
3,500€
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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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.