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Ref: 5520
Property marketed by Inmo Investments
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Spacious plot and villa for sale in the heart of Dehesa De Campoamor in need of renovation. The villa provides 4 bedrooms, 2 full bathrooms and a WC. Outside space includes a large terrace and underbuild. Set on a 3400 m2 plot. SItuated only 400m to the stunning Campoamor beach, this is a great opportunity for an investor. Contact Inmo Investments today for more information.
Property Features
- 4 bedrooms
- 2 bathrooms
- 150m² Build size
- 3,400m² Plot size
- Walking Distance to Amenities
- Walking Distance to Beach
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
152,500€
Final Payment of 90% on completion
1,399,500€
Property Purchase Expenses
Property price
1,555,000€
Transfer tax 8%
124,400€
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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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.