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Ref: TP108
Property marketed by Competa Properties S.L.
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Marvelous rural plot in the Cantalobos area, just above the town of Almuñécar (Granada). The plot has 18,000 square metres with spectacular views down the valley to the town of Almuñécar and the Mediterranean sea. There are some wonderful pine trees, plus some olive trees on the plot. It has a water supply from the water cooperative. Just 4 km, or 9 minutes by car, from the center of Almuñécar.
If your idea is to build on this plot, you need to plant fruit trees or other vegetables, which require irrigation and then the Almuñécar Town Hall will allow the construction of máximum 180 m2 as a farm building. The farm building can have a kitchen, lounge-dining room, several bedrooms & bathrooms. You can build an open water deposit, in whcich you can swim (i.e the equivalent of a swimming pool).
Building the farm building, an open water deposit and putting in irrigation and fruit trees or vegetables would probably cost in the región of 250,000 €, to the design of your choice with the architect of your choice.
If your idea is to build on this plot, you need to plant fruit trees or other vegetables, which require irrigation and then the Almuñécar Town Hall will allow the construction of máximum 180 m2 as a farm building. The farm building can have a kitchen, lounge-dining room, several bedrooms & bathrooms. You can build an open water deposit, in whcich you can swim (i.e the equivalent of a swimming pool).
Building the farm building, an open water deposit and putting in irrigation and fruit trees or vegetables would probably cost in the región of 250,000 €, to the design of your choice with the architect of your choice.
Property Features
- 0 bedrooms
- 0 bathrooms
- 18,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 10%
16,000€
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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