Land for sale in Algarrobo, Málaga, Spain

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Ref: SD1F-52372

Property marketed by NERJA BEACH PROPERTIES

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Multi-tunnel greenhouse in perfect condition. Plot of 6,000 m2 with 4,600 m2 of greenhouse. It has water from the community of irrigators and water from different shared wells. 24 hours a week of water from one and 2 hours a week from the other. Own meter and 100,000 litre tank. Pre-installation of irrigation head. Do not hesitate to visit it.

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Property Features

0 bedrooms
0 bathrooms
6,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

37,000€

Final Payment of 90% on completion

360,000€

Property Purchase Expenses

Property price

400,000€

Transfer tax 10%

40,000€

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:

400,000€

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.

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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%.