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Ref: SV4874
Property marketed by Signature Villas SL
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These 3 adjacent plots are located in an exclusive zone a short distance from the beach. These are 3 adjacent building plots of 1000 m2 each that will only be sold together. The plots are located in a very new urbanisation with all the necessary infrastructure, including water and electricity connections, footpaths, drainage and lighting. The plots are fairly steep but guarantee beautiful views of the sea and surrounding hills. The sandy beach is just a 5-minute drive away.
Property Features
- 0 bedrooms
- 0 bathrooms
- 3,000m² Plot size
- newly built
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
124,500€
Final Payment of 90% on completion
1,147,500€
Property Purchase Expenses
Property price
1,275,000€
Transfer tax 8%
102,000€
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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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.