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Ref: M271459
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Exclusive Rustic Estate in Torremendo: An Oasis of Opportunities This impressive 298,000 square meter rustic estate in Torremendo offers a unique opportunity for those seeking the perfect combination of natural beauty and agricultural potential. Situated in an idyllic setting in the heart of the region, this property offers an oasis of serenity and an escape from urban life. Featured Features: Unmatched extension: With an area of almost 300,000 square meters, this estate offers ample space to explore, develop and enjoy. Almond trees in full production: The farm has an almond tree plantation in full production, which represents a potential source of income for agriculture lovers. Abundant water: One of the most valuable assets of this farm is its access to water from two irrigation communities, which guarantees a constant and reliable supply for any agricultural project. Privacy and Tranquility: Surrounded by nature and spectacular landscapes, this estate offers privacy and tranquility, making it an ideal retreat for those looking to disconnect from the hustle and bustle of everyday life. Prime location: Torremendo, with its mountainous surroundings and proximity to the coast, is an exceptional place to enjoy life on the Costa Blanca. Additionally, it is located just a short drive from the area's main services and amenities, ensuring a perfect balance between rural living and modern convenience. Investment opportunity: Whether you want to convert this farm into your private residence or undertake agricultural projects, this property is a unique opportunity in a constantly growing real estate market. This rustic property in Torremendo offers a blank canvas full of possibilities. If you are looking for a nature retreat, an agricultural project or a long-term investment, you cannot miss the opportunity to explore what this property has to offer. Contact us today for more information and to schedule a visit to this real estate gem in Torremendo. Don't miss this unique opportunity!
Property Features
- 0 bedrooms
- 0 bathrooms
- 150m² Build size
- 298,000m² Plot size
- Near Trees
- Useable Build Space: 120 Msq.
- Location: Rural
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
96,950€
Final Payment of 90% on completion
899,550€
Property Purchase Expenses
Property price
999,500€
Transfer tax 8%
79,960€
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.