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Ref: R22231
Property marketed by Casas Almeria
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5406 m2 of flat, rustic land in Las Labores with some almond trees planted.
The land adjoins a paved road.
The land adjoins a paved road.
Property Features
- 0 bedrooms
- 0 bathrooms
- 5,406m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
18,500€
Property Purchase Expenses
Property price
21,500€
Transfer tax 8%
1,720€
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.