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Ref: AG4F3012
Property marketed by Spain Property Shop S.L
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This is a large piece of land measuring 1080m2 on Cabo Roig beachfront. There#39;s permission to build 1 property with 2 floors, each floor can measure up to 270m2. The land has electricity and water connection point. This is also less than 100 metres from the golden Cabo Roig beach.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
97,000€
Final Payment of 90% on completion
899,996€
Property Purchase Expenses
Property price
999,995€
Transfer tax 8%
80,000€
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.