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Ref: DG-21239
Property marketed by Stratus International Properties
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A plot with potential. The initial view of the plot is it has uneven levels.But the price, orientation and the views are very impressive when you enter to the end of the plot.This has a very good possibility to make a single dream house. Recommended.The plot is sold by a company and incurs a 21% VAT charge when buying.Included in the advert is possible design ideas, that could work on the plot and its orientation.
Property Features
- 0 bedrooms
- 0 bathrooms
- 883m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 8%
16,000€
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.