Land for sale in Competa, Málaga, Spain

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Ref: P223

Property marketed by Competa Properties S.L.

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This is one of our large south-west facing plots which offers beautiful views of the village of Cómpeta (Malaga), of the bay of Torre del Mar and on clear days the North African Coastline. The plot is conveniently situated in an elevated position, just off a tarmac road on the edge of the Natural park and within walking distance to the village. The plot is approximately 30,000 m2 and there is mains water and electricity nearby that could easily be connected. This plot of land could be the perfect place to plant trees, shrubs etc while enjoying the countryside of Cómpeta. This plot must be seen so you can appreciate everything that it has to offer.

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Property Features

0 bedrooms
0 bathrooms
3,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

19,900€

Final Payment of 90% on completion

206,100€

Property Purchase Expenses

Property price

229,000€

Transfer tax 10%

22,900€

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:

229,000€

Deposit:

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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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.