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Finca of 12.000m2 with 3 independent houses for sale in Entrerrios, Mijas Costa. Two houses of 90m2 each consisting of a living room, 2 bedrooms, a bathroom, a kitchen and a spacious terrace. A prefab house of 80m2 consisting of a living room, 3 bedrooms, a bathroom, a kitchen and a terrace. Parking. Water deposit. Well. Mountain views.
Property Features
- 7 bedrooms
- 3 bathrooms
- 260m² Build size
- 12,000m² Plot size
- quiet location
- fitted kitchen
- water deposit
- well water
- large garden
- fruit trees
- parking
- unfurnished
- countryside
- garden & pool views
- mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,900€
Final Payment of 90% on completion
449,100€
Property Purchase Expenses
Property price
499,000€
Transfer tax 10%
49,900€
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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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.