Other for sale

Other for sale

Torrevieja, Alicante
220,000
 
  • Other for sale
  • Other for sale
  • Other for sale
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Ref: AG19150076
Property marketed by Spain Property Shop S.L
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Prime Plot for Sale in Prestigious Location with Stunning Sea ViewsRare opportunity to acquire a prime plot in this highly sought-after area. This unique parcel of land, measuring 1,245 square meters, is elevated, providing breathtaking views of the sea. Such opportunities are seldom available, making this a must-see for discerning buyers.Key Features:- Versatile Development Potential: Build either one grand family home or two individual properties (subject to necessary approvals).- Expansive Size: Total plot area of 1,245 square meters.- Generous Building Allowance: you can build up to 0.33% of the plot area, equating to 410 square meters.For more information or to arrange a viewing, please do not hesitate to get in touch. We also have connections with architects and construction firms to help bring your vision to life.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 1,245m² Plot size
  • Sea view
  • Near amenities

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
 
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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

Mortgage Amount:
220,000€
Deposit:
Interest Rate:
%
Period:
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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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