Other for sale in Albatera, Alicante, Spain

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Ref: AG6137357

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Great 30.000m2 plot of land with a property in need of renovation. Located on the outskirts of San Isidrio, in the province of Alicante, with amazing 360 degree views of the surrounding areas. The property comes with electric and water connected, and is situated on a quiet road with other beautiful, rural houses. The land is within a short five minute drive of the town providing all the necessary amenities. Both the land and the property have great potential and we recommend booking a viewing with one of expert agents!

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Property Features

0 bedrooms
0 bathrooms
315m² Build size
30,000m² Plot size
Parking, Uncovered

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

15,000€

Final Payment of 90% on completion

162,000€

Property Purchase Expenses

Property price

180,000€

Transfer tax 8%

14,400€

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.

Mortgage Calculator

Mortgage Amount:

180,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* 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%.