Land for sale in Capdepera, Mallorca, Spain

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Ref: M270634

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

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Plot of land in Cala Ratjada, situated on the Capdepera - Cala Ratjada road, just 5 minutes drive from the villages and close to the shopping centers of the area and only 5 minutes walk from the well known Son Moll beach. The plot, totally flat, has some trees native to the islands, has a water meter and its buildability, is the following: 1 housing every 350 m2 of plot. (4 semi-detached houses) Surface area min. Plot 700 m2. Facade min. 15 ml. Volume On the ground 1,8 m3. Volume under ground 0.6 m3. Height max. 6 ml. Number of basement floors, p. Low + 1 floor. Separation between dividers and facade 4 ml. The typology of the construction, is of isolated buildings and residential use.

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Property Features

0 bedrooms
0 bathrooms
1,601m² Plot size
Light
Water
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

18,000€

Final Payment of 90% on completion

189,000€

Property Purchase Expenses

Property price

210,000€

Transfer tax 10%

21,000€

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.

Mortgage Calculator

Mortgage Amount:

210,000€

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.

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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%.