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Ref: 59/10371
Property marketed by European Property Company
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URBAN LAND READY TO MAKE HOUSING OR YOUR IDEAL HOUSEIt is a plot of approximately 2000m2 with a project and the study of the promotion to make a multi-family housing building, when they were designed they were planned for a client with a medium-low income so their prices were going to be affordable for a young person with a low economic capacity and wanting to become independent, which is currently difficult given that housing prices are very high. A rent-to-own option had also been considered in order to facilitate the acquisition of the apartments for those who had the intention of buying but whose savings were minimal.51 One-bedroom apartment or loft-style apartment and 7 two-bedroom apartments, as well as 58 garage and storage rooms in basements and semi-basements.However, it is also prepared for you to make your home to your liking with enough plot for a large garden and pool.The land is very well located since it is in the upper part of the town and also has easy access from the main road that connects Garrucha with Mojácar-Turre.So if your intention is to build and you dedicate yourself to it, do not miss this GREAT OPPORTUNITY, its price has been lowered by half for and with the sole intention of selling it as soon as possible and that new homes can be built.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,570m² Build size
- 2,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.
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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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