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Ref: PL240
Property marketed by Inland Andalucia
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This plot is located on the outskirts of the Encinas Reales, which is located near the motorway that connects Córdoba with Malaga and Granada, 15 minutes from the great city of Lucena, 10 minutes from the famous city of Rute and 20 minutes from the town of Iznajar, famous for its artificial lake Iznajar. In Encinas Reales you can find all kinds of establishments you may need, doctors, bars, supermarkets, this town has a lot to offer. If you are looking for tranquility in a typical Andalusian town this is your opportunity. The land has an area of 644m2 with outbuildings that were used for raising livestock and a large garage with a fireplace on the ground floor, on the upper floor it was used to store utensils for livestock. If you are looking for a plot to build the house of your dreams, a large chalet or secure warehouse facilities, this is your opportunity.
Property Features
- 0 bedrooms
- 0 bathrooms
- 464m² Build size
- 644m² Plot size
- Fireplace
- Private Garage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,000€
Final Payment of 90% on completion
45,000€
Property Purchase Expenses
Property price
50,000€
Transfer tax 10%
5,000€
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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