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Ref: WG-51793
Property marketed by Stratus International Properties
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Urban plot of 88m2 in Sax with the possibility of constructing a building up to 3 floors.The property is within walking distance to all day to day amenities, schools, medical centre, etc. ...Sax is a thriving traditional Spanish town with a good mix of nationalities. It has excellent amenities, a wide range of shops, over 50 bars and restaurants, a theatre, indoor and outdoor swimming pools, parks as well as a beautiful restored castle, which is illuminated at night. There are also train and bus connections to Alicante airport and the beaches in 30 minutes.
Property Features
- 0 bedrooms
- 0 bathrooms
- 88m² Plot size
- Mains Electric
- Tarmac Access
- Mains Sewage
- Drinking Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
500€
Final Payment of 90% on completion
31,496€
Property Purchase Expenses
Property price
34,995€
Transfer tax 8%
2,800€
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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