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Ref: M270100
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Rustic finca in Coín, very close to the centre of this municipality (5 minutes by car). The finca has an area of 5212 m2, it is sold with another nearby finca of 2456 m2, planted with avocado trees. It has a cistern for irrigation which is supplied by the irrigation channel.In this property there is a house of approximately 100 m2 and several warehouses. This house is divided in two parts:1ª. An old part from 1930, renovated with an entrance hall and a bedroom, the upper floor is open plan, the kitchen and bathroom are outside next to the storerooms and it also has a wood oven.2ª. It is an extension of the old part with the entrance at the back, although it also has an internal door that connects them. It has 2 bedrooms, a complete bathroom, living room with open kitchen. On the upper part there is a covered terrace with panoramic views.The access road is about 400 metres long and is of earth in good condition, the distance to the town hall is only 1km. It is also very close to all basic and necessary services. It has mains water and electricity and also water for irrigation.
Property Features
- 2 bedrooms
- 1 bathroom
- 100m² Build size
- 7,668m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,000€
Final Payment of 90% on completion
243,000€
Property Purchase Expenses
Property price
270,000€
Transfer tax 10%
27,000€
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.
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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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