Land for sale in Media Panilla, Jaén, Spain

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Ref: PL302

Property marketed by Inland Andalucia

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This near 5,000m2 plot of olive trees, behind the property Reference TH5812 is located part way between Martos and Monte Lopes Alvarez in the Jaén province of Andalucia, Spain. With easy access to this fairly level plot of 44 olives trees in full production. In previous years (not ultimately) 4,000 kg have been harvested from it. There is a government subsidy on it.

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Property Features

0 bedrooms
0 bathrooms
4,998m² Plot size
Near Public Transport
Off Road Parking

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

19,000€

Property Purchase Expenses

Property price

22,000€

Transfer tax 10%

2,200€

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.

Mortgage Calculator

Mortgage Amount:

22,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.