Land for sale in Fuente Piedra, Málaga, Spain

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Ref: PL261

Property marketed by Inland Andalucia

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This is an opportunity to purchase 4 separate parcels of land, totalling 27,062m2, all within close proximity of each other and just a short five minute drive from the town of Fuente de Piedra. All 4 plots have good access with a good track that runs along the side of the A92. 3 of the plots consist solely of olives and have all mature established trees, the forth plot is fenced and the previous owner had thought about constructing a nave for machinery.
These plots are all owned by one family and bring in a good yearly revenue.

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Property Features

0 bedrooms
0 bathrooms
19,343m² Plot size
Ideal for Country Lovers

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

5,300€

Final Payment of 90% on completion

74,700€

Property Purchase Expenses

Property price

83,000€

Transfer tax 10%

8,300€

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:

83,000€

Deposit:

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Interest Rate:

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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%.