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Ref: am148
Property marketed by Olvera Properties
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Charco Lucero is a productive olive grove of over 600 trees set in a beautiful valley just outside Olvera and within walking distance of the village, the land is set over slopes with some flat areas in the higher part this is where the owner has storage for machinery, tools and wood supplies.
It would be possible to put a small building on the land for agricultural use of around 25 square meters according to local planning regulations.
The land is easily accessed by 4×4 and has a water supply from its own well.
Lot Area: 30000 Sq. M
Property Features
- 0 bedrooms
- 0 bathrooms
- 30,000m² Plot size
- lot area 30000 sq m
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,500€
Final Payment of 90% on completion
85,500€
Property Purchase Expenses
Property price
95,000€
Transfer tax 10%
9,500€
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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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.