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Ref: M269135
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Two building plots, joint together, located in the prestigious and very well maintained urbanization of Valtocado, situated only a five minutes drive from Mijas Pueblo. Facing South, it comes with excellent views overlooking the countryside and coastline. On each plot, 13% can be built and on maximum 2 storeys (7m high), all together around 650m2 available for building. A great opportunity in a very peaceful and natural environment!
Property Features
- 0 bedrooms
- 0 bathrooms
- 5,000m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,500€
Final Payment of 90% on completion
382,500€
Property Purchase Expenses
Property price
425,000€
Transfer tax 10%
42,500€
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.