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Ref: M268621
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Attention INVESTORS. We offer a package of 4 houses in the town of Montefrío. In an unbeatable location on top of a hill, it has panoramic views of the surrounding valleys. With an area of almost 600m2, the set of 4 houses, in total they have 4 bedrooms and 2 full bathrooms each house, for a total of 16 bedrooms and 8 bathrooms. It is ideal to convert into rural accommodation. On a 100,000m2 plot with the possibility of building a large community pool or an independent pool for each home. The houses inside are unfinished, they lack the plaster, flooring and supply facilities, the doors, kitchen furniture and paint. Delivered as-is to finish at buyer's expense. The houses have a large living room with fireplace, a room for the kitchen. The house does not lack details, each roof is different, as is the shape and interior layout. In the rooms and ceilings there are many details. Payment facilities are also offered if necessary. If you want to invest in a safe business such as rural tourism, do not hesitate to visit them. The 4 houses are sold together at the price indicated in the ad, each house leaving for only €75,000, with an approximate plot of 25,000m2 each. * The indicated PVP does not include taxes or deed expenses. * Agency fees (2.5% of the sale price + VAT) not included. * The surfaces expressed on this page are descriptive and approximate. Prices may be subject to change without prior notice.
Property Features
- 16 bedrooms
- 8 bathrooms
- 600m² Build size
- 100,000m² Plot size
- Near Trees
- Under-Build / Basement
- Has Main Electric
- Location: Rural, Mountain
- Useable Build Space: 520 Msq.
- Double Bedrooms: 16
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,000€
Final Payment of 90% on completion
270,000€
Property Purchase Expenses
Property price
300,000€
Transfer tax 10%
30,000€
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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