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Ref: OPGA087
Property marketed by OP Group Spain
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Here is an opportunity to purchase a large 8300 plot of land with a caravan within a 10 minute drive of the beach or Alicante airport.
The land has trees planted throughout and can not be used to build a brick built home but a wooden structure or mobile home is fine.
The land is gated and has a fence surrounding the entire plot.
The land has trees planted throughout and can not be used to build a brick built home but a wooden structure or mobile home is fine.
The land is gated and has a fence surrounding the entire plot.
Property Features
- 0 bedrooms
- 0 bathrooms
- Garden
- Mountain view
- Off street parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,900€
Final Payment of 90% on completion
71,100€
Property Purchase Expenses
Property price
79,000€
Transfer tax 8%
6,320€
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.