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Ref: P126
Property marketed by Competa Properties S.L.
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Situated in the peaceful mountain village of Cómpeta with easy access directly from a tarmac road which leads between this village and the other, slightly smaller village of Canillas de Albaida this attractive 280 sq.m plot offers an ideal investment opportunity. It has a licence to construct 9 apartments, each with garage and store room in the charming mountain village of Cómpeta. Of course it would also be possible, subject to village planning laws to construct a spacious village property, with the design and quality that you wished to incorporate in your dream home.
The plot looks down over the edges of the village and the verdant countryside to the coast. It is only a few minutes walk from the village and all local amenities including, a variety of shops and small supermarkets, charming local bars and excellent restaurants.
The plot looks down over the edges of the village and the verdant countryside to the coast. It is only a few minutes walk from the village and all local amenities including, a variety of shops and small supermarkets, charming local bars and excellent restaurants.
Property Features
- 0 bedrooms
- 0 bathrooms
- 280m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,000€
Final Payment of 90% on completion
81,000€
Property Purchase Expenses
Property price
90,000€
Transfer tax 10%
9,000€
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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