Land for sale in Monóvar, Alicante, Spain

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Ref: JL6907

Property marketed by InlandVillas Spain

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Urban land in Monovar to build on. Urban plot of land in Monovar, with a size of 731m2 and a built area of 129m2 used for storage. The land can be built on, to make for example 14 apartments or 6 town houses, with underground parking. Great investment for a town with high demand for rentals and small apartments for young couples wanting to become independent.

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Property Features

0 bedrooms
0 bathrooms
731m² Plot size
Fast Internet & Phone
Mains Electric
Mains Water
Walking Distance To Town
Walking Distance - Restaurant / Bar
Fenced Plot
Mains Sewerage

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

12,500€

Final Payment of 90% on completion

139,500€

Property Purchase Expenses

Property price

155,000€

Transfer tax 8%

12,400€

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.

Mortgage Calculator

Mortgage Amount:

155,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.