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Ref: TP064
Property marketed by Competa Properties S.L.
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Building plot for sale in Amberes area, a residential area between Torrox town and the coast, at just 4 mins away from the pretty beaches. The plot has 2620m2 and offers a building project, it is a complex of 5 detached houses and an individual one with communal swimming pool.
The surrounding areas have lighting and pavements.
The surrounding areas have lighting and pavements.
Property Features
- 0 bedrooms
- 0 bathrooms
- 2,620m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,600€
Final Payment of 90% on completion
383,400€
Property Purchase Expenses
Property price
426,000€
Transfer tax 10%
42,600€
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.
Mortgage Calculator
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.