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Ref: M270303
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Parcela Cortijo Blanco is a fantastic sized , mostly level plot of 2400m2 with direct access off a main road at the top near to where the ruin sits. Peaceful and quiet this plot has much potential and the buyer with the right ideas could transform this into an idyllic setting for a well sized new build property with extensive gardens and a pool with lake and mountain views. We estimate that a total invenstment of 230,000 euros could leave you with a property worth 325,000€ in todays current market. The key point apart from the access, views and build size is the plot size as most buildable plots are a maximum 1000m2 which makes this all the more interesting at 2400€ of usable land!!!!!.
Property Features
- 0 bedrooms
- 0 bathrooms
- 150m² Build size
- 2,400m² Plot size
- mountain views
- Mains Water
- Mains Electricity
- Country Views
- Panoramic Views
- Mains Sewerage
- Parking - Off Road
- Internet Available
- Lake Views
- Distant Sea Views
- Close To Town And Amenities
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,500€
Final Payment of 90% on completion
67,500€
Property Purchase Expenses
Property price
75,000€
Transfer tax 10%
7,500€
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.
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Spanish Property News & Updates by Spain Property Portal.com
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.