Land for sale in Monte Pego, Alicante, Spain

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Ref: MF-56715

Property marketed by Casa Consultants

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Super sea views from this large building plot of 4,800 m2 on Monte Pego, located 10km to the sea, only 5 km to Pego town and 12km to Denia. The minimum m2 of land required to build one property in this area of Monte pego is 1,300m2, therefore there is the opportunity to build 1 very large property or 2 or 3 individual properties. Water and electric connections available.

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Property Features

0 bedrooms
0 bathrooms
4,800m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

35,400€

Final Payment of 90% on completion

345,600€

Property Purchase Expenses

Property price

384,000€

Transfer tax 8%

30,720€

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:

384,000€

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.

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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%.