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Ref: SV4841
Property marketed by Signature Villas SL
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This flat plot is located in the Balcon al Mar urbanisation less than 500 m from the impressive rocky coastline adorned by high cliffs and idyllic pebble beaches with crystal-clear water. The plot has an area of 1251 m2 and is located on a corner between 2 streets so you will only have close neighbours on one side. The plot has a licence for an ibiza-style villa and is builder-free.
Property Features
- 0 bedrooms
- 0 bathrooms
- newly built
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,500€
Final Payment of 90% on completion
535,500€
Property Purchase Expenses
Property price
595,000€
Transfer tax 8%
47,600€
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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