Land for sale in Orihuela Costa, Alicante, Spain

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Ref: M272261

Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )

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Commercial Opportunity on Corner Plot in Orihuela Costa Discover this exceptional corner plot, located in the coveted area of Orihuela Costa on the Costa Blanca. This land represents an unparalleled opportunity to build and develop your own business in a thriving residential area, surrounded by unobstructed views and a highly attractive environment. Detailed Technical Features: Municipal Regulations: Governed by the General Urban Development Plan (PGOU) of 1990 and its subsequent modifications, this plot classified as urban land complies with the Building Ordinance of Orihuela, ensuring total legality and viability for your commercial projects. Development Possibilities: Included in the Interior Reform Plan 'Las Chismosas',the parcel has solid legal backing that facilitates obtaining necessary licenses and declarations to undertake any project. Highlighted Advantages:Strategic Location: Locatedin an areaof high demand for both tourismandresidential purposes,it offersa privileged locationto attractbothlocalandinternational customers.

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Property Features

0 bedrooms
0 bathrooms
1,206m² Plot size
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

40,000€

Final Payment of 90% on completion

387,000€

Property Purchase Expenses

Property price

430,000€

Transfer tax 8%

34,400€

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:

430,000€

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

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%.