Land for sale in Las Casillas de Martos, Jaén, Spain

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Ref: PL262

Property marketed by Inland Andalucia

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This plot of around 3,600 square metres with views of mountains and the nearby reservoir too is fairly level, making an ideal quiet spot for a wooden cabin or prefabricated house. It has an old well which would need legalising. Just a few minutes walk from town and the reservoir where fishing is allowed and plans are to make it for tourist use which will include swimming and canoes. There are about 27 mature, producing olive trees with around 4,000 kilos of olives harvested most years.

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Property Features

0 bedrooms
0 bathrooms
3,600m² Plot size
Fruit Trees
Spectacular views
Well Water

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

600€

Final Payment of 90% on completion

32,400€

Property Purchase Expenses

Property price

36,000€

Transfer tax 10%

3,600€

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:

36,000€

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%.