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Ref: M271188
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Campoamor plot of 700 m2 in the Las Villas area with south orientation on the corner of two streets, very well located close to all services, 325 m2 can be built with a maximum buildability coefficient of 0.47 m2-m2, with setbacks of façade to the street of 5 m and to the party wall of 3 m.
Property Features
- 0 bedrooms
- 0 bathrooms
- 700m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,000€
Final Payment of 90% on completion
450,000€
Property Purchase Expenses
Property price
500,000€
Transfer tax 8%
40,000€
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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