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Ref: PL268
Property marketed by Inland Andalucia
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Located in popular Castillo de Locubín, in the Jaen province of Andalucia, Spain, this 152m2 plot is a great opportunity for all those who would like to self build or design their home in the warm sunshine of southern Spain. It is surrounded by countryside, so if you are a nature lover, do not hesitate to come and see this lovely landscape. As well, the plot counts with water and electricity connections, they just need to be connected. It is only a few minutes walk to all the local amenities.
Property Features
- 0 bedrooms
- 0 bathrooms
- 152m² Plot size
- On Street Parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
200€
Final Payment of 90% on completion
28,800€
Property Purchase Expenses
Property price
32,000€
Transfer tax 10%
3,200€
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.