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Ref: MF-57060
Property marketed by Casa Consultants
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This lovely building plot is located in a residential area of Pego, close to the city center. It is offering stunning montain and panoramic views. The plot is permitted to build up to 2 levels and 40%.
This investment opportunity is suitable for both private and commercial investors and offers the possibility to construct a variety of different property types. Please call for further information.
This investment opportunity is suitable for both private and commercial investors and offers the possibility to construct a variety of different property types. Please call for further information.
Property Features
- 0 bedrooms
- 0 bathrooms
- 603m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,900€
Final Payment of 90% on completion
62,100€
Property Purchase Expenses
Property price
69,000€
Transfer tax 8%
5,520€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.