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Ref: VRE 4666
Property marketed by Spanish Dream Property
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This Plot of Land in Montemar is located in a great and prominent location, towards the back of this quiet and quaint urbanization, between Algorfa village and La Finca Golf Resort. Situated within a few minutes drive of the nearest amenities and facilities, plus just 15 minutes drive from the coast at Guardamar del Segura, where there are blue flag and award winning beaches! This plot is of some 1.100m2 with lots of possibilities; even to build a property across two storeys, up to a build size of 550m2. The first floor then would have some of the best views around, to include the uninterrupted pine forest, Montemar Castle and beyond to the sea!!! Great price...
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,100m² Plot size
- Garden
- Off road parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
117,000€
Property Purchase Expenses
Property price
130,000€
Transfer tax 8%
10,400€
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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