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Ref: plot Monte Mayor
Property marketed by JT Estates
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We are pleased to exclusively offer two of the finest plots currently available within the green spaces of the Monte Mayor Golf & Country Club in the luxurious municipality of Benahavis, currently the most exclusive area for buying property in Spain.
Authorized for the construction of 2 villas, with just over 4,761.6 m2, the plot is located on a slope and enjoys spectacular views of the sea and the mountains. This land is ideal for the construction of a dream home for the buyer or for the sale of a completed villa with an expected return on investment of 30%. The building permit is accepted and an architect's project is available.
Property Features
- 0 bedrooms
- 1 bathroom
- 4,761m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,500€
Final Payment of 90% on completion
445,500€
Property Purchase Expenses
Property price
495,000€
Transfer tax 10%
49,500€
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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Spanish Property News & Updates by Spain Property Portal.com
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.