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Ref: VRE 5408
Property marketed by Spanish Dream Property
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This Corner 256m2 Plot of Land in Los Palacios is located on the edge of this Traditional Spanish area, close to Rojales. Situated within a few minutes walk to many different amenities and facilities, including a wide array of bars, restaurants, shops, supermarkets and more... The nearest beaches are at Guadamar del Segura within less than a 10 minute drive! This fantastic opportunity has the potential for you to build and design your own property with Vincent Real Estate. Potential for a 3 Bed, 2 or 3 Bath Detached Villa with a Private Swimming Pool, Off Road Parking, Solarium Countryside/Citrus Grove Views! Don’t miss out on this opportunity!
Property Features
- 0 bedrooms
- 0 bathrooms
- 256m² Plot size
- Country Views
- Garden
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,890€
Final Payment of 90% on completion
71,010€
Property Purchase Expenses
Property price
78,900€
Transfer tax 8%
6,312€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.