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Ref: OCG-7305350
Property marketed by Olive Grove Estates
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Discover tranquility and rustic charm in this country home nestled in the serene landscapes of Tibi, Alicante. This property spans 212 m² and offers the perfect canvas for your rural retreat vision. With 1 bedroom and 1 bathroom, there's ample space to customize and create your dream sanctuary. Situated on a vast land plot of 85,907 m², the possibilities are endless for expansion, agriculture, or simply embracing the natural beauty that surrounds you. While the property is second-hand and requires renovation, it presents an exciting opportunity to craft a personalized haven amidst breathtaking vistas. Enjoy the peace and seclusion of country living while being just a short distance from the amenities of Tibi, Alicante.
Property Features
- View Video Tour
- 1 bedroom
- 1 bathroom
- 212m² Build size
- Outside Space - Large Garden
- Outside Space - Patio
- Business Potential
- Country Views
- Tranquil
- Water Well
- Wood Burner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
179,996€
Property Purchase Expenses
Property price
199,995€
Transfer tax 8%
16,000€
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.
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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.