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Ref: AG19145845
Property marketed by Spain Property Shop S.L
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Urbanizable plot in the Portet de Moraira Teulada, sea views covered by the pine trees of the plot opposite.Urbanizable, light and water socket 800 m from the plot.Possibility of horizontal division. They would be two plots of 802 m2 and 810 m2 with about 400 m2 of transfer for road and green area.
Property Features
- 0 bedrooms
- 0 bathrooms
- 2,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
77,000€
Final Payment of 90% on completion
720,000€
Property Purchase Expenses
Property price
800,000€
Transfer tax 8%
64,000€
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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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.