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Ref: P193
Property marketed by Competa Properties S.L.
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A splendid urban plot of land with possibility to build in Trayamar (Algarrobo). The property is located just next to the repsol petrol station within easy distance of the town centre, the coast and the motorway. The total size of the plot, which is offered for sale is approx. 2200m².And has about 165 avocados. Water is already connected and electricity can easily be connected.
An ideal place to construct a restaurant just 3 minutes drive from the sea.
An ideal place to construct a restaurant just 3 minutes drive from the sea.
Property Features
- 0 bedrooms
- 0 bathrooms
- 2,200m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 10%
17,000€
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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