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Ruinas Posibilidades - A country house in the Albox area. (Complete Ruin)
Two detached houses with 8000m2 of land for an incredibly low price. The houses are some distance apart and both have great views over the surrounding area. They are located just outside a small village with basic amenities and Albox is only 10 minutes drive away. Electricity & water are connected.
Two detached houses with 8000m2 of land for an incredibly low price. The houses are some distance apart and both have great views over the surrounding area. They are located just outside a small village with basic amenities and Albox is only 10 minutes drive away. Electricity & water are connected.
Property Features
- 0 bedrooms
- 0 bathrooms
- 180m² Build size
- 8,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,000€
Final Payment of 90% on completion
54,000€
Property Purchase Expenses
Property price
60,000€
Transfer tax 8%
4,800€
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
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.