Land for sale in Canillas de Albaida, Málaga, Spain

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Ref: P039

Property marketed by Competa Properties S.L.

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This plot is appr 29,000m2 and it is accessed by a good track after leaving a tarmacked road. The village of Archez is approximately 5 minutes by car, Canillas de Albaida is approximately 7 minutes and Cómpeta 10 minutes. From the plot there are wonderful views of the surrounding countryside, the Sierra Almijara mountains, the villages and the Mediterranean sea. Water and electricity are on site. A plot with an old cotijo that could be reformed and extended or replaced with a new building. The plot has three parcela numbers and it should be possible to divide the land into three.

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Property Features

0 bedrooms
0 bathrooms
29,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

34,200€

Final Payment of 90% on completion

334,800€

Property Purchase Expenses

Property price

372,000€

Transfer tax 10%

37,200€

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:

372,000€

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%.