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Ref: SV2620
Property marketed by Signature Villas SL
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Urban plot of 648 m2 in the urbanization of Orbeta, Orba (Alicante ) Costa Blanca. On this plot is possible to build a house on two floors. The plot has fantastic views of the sea, the valley and mountains. Just a few minutes drive to the village of Orba with all amenities.
Property Features
- 0 bedrooms
- 0 bathrooms
- 648m² 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%
6,500€
Final Payment of 90% on completion
85,500€
Property Purchase Expenses
Property price
95,000€
Transfer tax 8%
7,600€
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.