Land for sale in Capdepera, Mallorca, Spain

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Ref: M270469

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

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Urban plot situated in one of the main streets of Capdepera, just 5 minutes walking to the well-known square of the east, where the weekly market and leisure center of the village is celebrated. The lot, with access from 2 streets, is mostly flat. From the back, at the street level, you can see clear views of the rooftops of the village, the castle, the village of Cala Ratjada and the sea. The plot has a project of works with license, for the construction of 2 houses with garage in ground floor and 2 floors. We are also builders! if you need advice for the construction in this lot, we can help you in the formalities for the construction.

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Property Features

0 bedrooms
0 bathrooms
247m² Plot size
Light
Water
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

18,500€

Final Payment of 90% on completion

193,500€

Property Purchase Expenses

Property price

215,000€

Transfer tax 10%

21,500€

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:

215,000€

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%.