Land for sale in Torrevieja, Alicante, Spain

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Ref: M269379

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

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Interesting project plot for sale for Investors and developers!This magnificent 9300,58m² plot is located next to the main road of Urbanisation El Chaparral. Very nearby amenities such as bars, restaurants, supermarkets, commercial centers, the famous shopping center Habaneras, right next to the natural park and the famous Salinas and only 10 minutes to the beaches from Torrevieja.The only plot with this size left in El Chaparral, Torrevieja! This plot is perfect for developers to build villa’s or bungalows Total plot size: 9300,98 m² In total 13 independent plots from 399,20m² to 811,58 m²This plot is property of a company that only holds the plot of land. We are selling this companies shares so the new owner has the full plot in their ownership. This plot is allowed to build a project with bungalows or villa's.Contact us for more information!

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Property Features

0 bedrooms
0 bathrooms
9,300m² Plot size
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

156,900€

Final Payment of 90% on completion

1,439,100€

Property Purchase Expenses

Property price

1,599,000€

Transfer tax 8%

127,920€

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:

1,599,000€

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%.