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Ref: P220
Property marketed by Competa Properties S.L.
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A splendid urban plot of land with the possibility to build on it situated in the charming village of Salares. This plot has parking nearby and it is located within walking distance to all of the local amenities and only a 30 minutes drive away from the coast. The total size of the plot is approx. 98 m2. Water and electricity can easily be connected. An ideal plot where one can create their dream home in Spain with beautiful views of the surrounding countryside and of the village of Salares.
Property Features
- 0 bedrooms
- 0 bathrooms
- 98m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
23,000€
Property Purchase Expenses
Property price
26,000€
Transfer tax 10%
2,600€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.