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Ref: SV2656
Property marketed by Signature Villas SL
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Urban land of 523 m2, completely flat situated in a recently built residential area in Sagra , Costa Blanca, Alicante. It has all the necessary infrastructure with sidewalks, and services water, electricity and totally underground sewer . On the plot you can build a detached house with a maximum floor area of 183,05 m2 on two floors , with a maximum occupancy 30 %. The plot is just 20 minutes from the beach and just 1 hour drive from the airports of Alicante and Valencia. The sale of the land is conditional on the construction of a dwelling with the company that owns the land . Number 10 is the plot according to the particular level of promotion.
Property Features
- 0 bedrooms
- 0 bathrooms
- 523m² Plot size
- Near Beach
- newly built
- close to all amenities
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
63,000€
Property Purchase Expenses
Property price
70,000€
Transfer tax 8%
5,600€
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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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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