Land for sale in Capdepera, Mallorca, Spain

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Ref: M270568

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

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Rural property in Capdepera 5 apartment houses. The farm is located in the Capdepera road - Son Servera and therefore very well connected near Capdepera. The property has one main house and 4 other houses of different sizes, all habitable and ready to move into. The property has a pool, garage and garden, apart from growing area with several fruit trees. Ideal for rentals.

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Property Features

0 bedrooms
0 bathrooms
506m² Build size
2,442m² Plot size
Light
Water
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

86,250€

Final Payment of 90% on completion

803,250€

Property Purchase Expenses

Property price

892,500€

Transfer tax 10%

89,250€

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:

892,500€

Deposit:

€

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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%.