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Ref: PL306
Property marketed by Inland Andalucia
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Situated in Humilladero in the Malaga province of Andalucia, Spain, is this good size Urban plot of land, cleared ready to go. Located just minutes walk from the local school, sports centre and medical centre not to mention shops, bars & restaurants all close by. Humilladero has great access to the A92 with a 10 minute drive to historical Antequera and 45 minutes to Malaga. The plot is 280m2 with all mains services close by, giving plenty of room to design and build your dream home here in Spain.
Property Features
- 0 bedrooms
- 0 bathrooms
- 280m² Plot size
- Close to Amenities
- Near Public Transport
- On Street Parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
27,000€
Property Purchase Expenses
Property price
30,000€
Transfer tax 10%
3,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.