Land for sale in Elx/Elche, Alicante, Spain

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Ref: JL6912

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Non building plot of land in Elche with palm trees. Non-building plot of land near Elche, Alicante, with 1400 palm trees that produce dates, planted in 1997. The plot has a total size of 27,352m2 and could be used for a pre fabricated house or caravans. Water and electricity nearby.

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Property Features

0 bedrooms
0 bathrooms
27,352m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

7,000€

Final Payment of 90% on completion

89,996€

Property Purchase Expenses

Property price

99,995€

Transfer tax 8%

8,000€

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.

Mortgage Calculator

Mortgage Amount:

99,995€

Deposit:

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* 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.

Spanish Property News & Updates by Spain Property Portal.com

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%.