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Ref: i019
Property marketed by Olvera Properties
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This Finca El Conejo is a great piece of land is located on the outskirts of Olvera, within easy walking distance of all of the amenities. The long plot is accessed via gates at the entrance, and there are an abundance of olive and fruit trees. There's even palm trees thrown in. The buildings consist of a small house, used for weekend gatherings, and a large dog pen. These buildings have permission and there may be a chance to build a house here in the future, if the current plans to class the area as 'urban' come to fruition (obviously we cannot guarantee that this will happen, so the land should be purchased with the view that you may not be able to build any further permanent structures).
There is electricity to the land and a water connection is possible.
Lot Area: 4000 Sq. M
Property Features
- 0 bedrooms
- 0 bathrooms
- 4,000m² Plot size
- lot area 4000 sq m
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,900€
Final Payment of 90% on completion
89,100€
Property Purchase Expenses
Property price
99,000€
Transfer tax 10%
9,900€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.