Land for sale in Patiño, Murcia, Spain

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Ref: 18912-899e389ab

Property marketed by J&B Invest Spain

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Investment opportunity! , promotion of 10 homes with stopped construction, located in the city of Murcia, Santa Catalina, Partido de San Benito. The building consists of three floors above ground and a basement floor for a basement and garage area with access by ramp. Executed the structure and enclosures of the 10 semi-detached single-family homes, duplex type that occupy floors one and two above ground, with the third floor being used for private terraces with surfaces from 25 m2. Location in an area very close to the center of the Municipality of Murcia, well connected and with all the necessary services a few meters away. For more information or to request a visit, do not hesitate to contact us. Specific characteristics * 1,472 m2 constructed * Residential building * Without tenant * 3 floors * 10 Homes * 10 Garage/Parking sports included in price * * to be renovated Overview Plot Property Type

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Property Features

0 bedrooms
0 bathrooms
terrace

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

59,400€

Final Payment of 90% on completion

561,600€

Property Purchase Expenses

Property price

624,000€

Transfer tax 8%

49,920€

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:

624,000€

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%.