Land for sale

Land for sale

Competa, Málaga
52,000
 
  • Land for sale
  • Land for sale
  • Land for sale
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Property marketed by Competa Properties S.L. Competa Properties S.L.
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A lovely plot of land of app. 3000 sq.m , close to the village of Cómpeta with access mostly by Tarmac road. Views up to the impressive Sierras and down over the verdant countryside towards the coast. The ruin of an old finca on the plot only adds to the charm and the olive trees provide lots of shady areas under which to sit in the Spanish sunshine and reflect on the history of this beautiful part of the Axarquia. There is a small one storey ruin on the plot suitable for conversion.

The nearby village of Cómpeta has welcomed many foreign residents to the area over the years while retaining the ambience of a sleepy mountain pueblo it offers an excellent choice of shops and good restaurants .

Mains water and electricity are close by on the main track and could easily be connected.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 15m² Build size
  • 3,000m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,200€
Final Payment of 90% on completion
46,800€
 
Property Purchase Expenses
Property price
52,000€
Transfer tax 10%
5,200€
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:
52,000€
Deposit:
Interest Rate:
%
Period:
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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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