Land for sale in Montefrio, Granada, Spain

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Ref: PL264

Property marketed by Inland Andalucia

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Located close to Montefrio in the province of Granada we have this productive 76,000m2 plot of olives. With 202 olive trees you can get around 10,000 kilos per year of olives. There is no water or electric on the plot but 100 metres away you have a transformer which you can use to collect water from the nearby stream. There is a part of the land which is full of mountain mediterranean plants and trees. If you want an extra income then this is a great investment. Get in touch for more information.

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Property Features

0 bedrooms
0 bathrooms
76,000m² Plot size
Swimming Pool
Detached
Garden
On Street Parking
Private Pool
Spectacular views

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

3,600€

Final Payment of 90% on completion

59,400€

Property Purchase Expenses

Property price

66,000€

Transfer tax 10%

6,600€

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:

66,000€

Deposit:

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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.

Spanish Property News & Updates by Spain Property Portal.com

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%.