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Ref: TP022
Property marketed by Competa Properties S.L.
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This superb plot of approximately 3,152m2 is located on a hillside from where there are fabulous views of ¡The surrounding countryside and the mountains. Access to the plot is via a good asphalted track after leaving the Cómpeta/Torrox road. It has a community water tank and electric network is available in the adjacent track.
Property Features
- 0 bedrooms
- 0 bathrooms
- 3,152m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,600€
Final Payment of 90% on completion
41,400€
Property Purchase Expenses
Property price
46,000€
Transfer tax 10%
4,600€
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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