Country House for sale in Arta, Mallorca, Spain

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Ref: M270564

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

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Rustic property located between Colonia de Sant Pere and S'Estanyol, at a distance of approximately 1 km from the sea. The finca, with flat surface, has abundant native trees of the zone, and has clear views to the mountains of Mont Ferrutx and the sea. In the farm there is an old house to reform, has water network, is totally fenced by mared of masonry and has facility for the electricity supply.

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Property Features

0 bedrooms
0 bathrooms
108m² Build size
29m² Plot size
Garage
Garden
Water
Vistas Al mar
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

62,000€

Final Payment of 90% on completion

585,000€

Property Purchase Expenses

Property price

650,000€

Transfer tax 10%

65,000€

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:

650,000€

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.

Spanish Property News & Updates by Spain Property Portal.com

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%.