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Ref: M271988
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Plot for sale in Rojales. It has an area of 1010 m2 with a building coefficient of 1.4 m2/m2. If the building doesn't have a basement, a building coefficient is allowed for a garage with a maximum size of 20 m2 per dwelling or per 100 m2 for tertiary construction, which does not count towards the maximum building coefficient parameter. A basement floor is allowed.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,010m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,500€
Final Payment of 90% on completion
454,500€
Property Purchase Expenses
Property price
505,000€
Transfer tax 8%
40,400€
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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.