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Ref: VTerOli#8
Property marketed by Happy Houses Barcelona
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Urban plot of 1200 square meters in Mas Mestre - Olivella. South-west facing with views over the valley which is of agricultural use (vines, pine tres etc.). Mas Mestre is the most sought after neighborhood of Olivella, located at only 10 minutes from Sitges and 30 from Barcelona.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,200m² Plot size
- orientation: Sur
- terrain type: Urban
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 10%
14,000€
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.