4 bedroom Land for sale in Santa Rosalia, Murcia, Spain

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Property marketed by MGP - Golf & Coastal Properties

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An opportunity to buy a South-West facing plot on which to build your dream villa! Located on the desirable and upmarket Santa Rosalia Lake & Life Resort, this 591 sq'm plot allows a villa with living space up to 500 sq'm to be built. The current owner has submitted plans for a villa build with four double bedrooms, three bathrooms, a spacious kitchen/diner and a living room with double height ceiling. There is a huge 175 sq'm basement which could house a cinema room, gym or staff quarters. The first floor comprises two double bedrooms, a bathroom and sun terrace. Outside there is off-street parking and a South-West facing garden with 7m x 3m swimming pool. The plot is priced at 260.000€ and the current owners estimates the build cost to be circa 700.000€ based on current plans. Of course this will vary depending on the size and specification of the villa you eventually decide on. Contact MGP for a tour of this fantastic resort.

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Property Features

4 bedrooms
3 bathrooms
500m² Build size
591m² Plot size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

23,000€

Final Payment of 90% on completion

234,000€

Property Purchase Expenses

Property price

260,000€

Transfer tax 8%

20,800€

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

Mortgage Amount:

260,000€

Deposit:

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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.

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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%.