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Ref: 3305DH
Property marketed by Casas Espania 2012 SL
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How can we help you?:
Here we have a 500m2 plot of land with permission to build 1200m2 of property (maximum), spread throughout 5 homes.
From our offices we have property for sale Murcia province as well as property for sale Alicante province. This means we have a fantastic range of property for sale in Costa Blanca, and a large range of property for sale Costa Calida, as well as inland. This includes great Beach property for sale and Golf property for sale throughout the region.
Property Features
- 0 bedrooms
- 0 bathrooms
- 500m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,995€
Final Payment of 90% on completion
215,955€
Property Purchase Expenses
Property price
239,950€
Transfer tax 8%
19,196€
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.