Land for sale in Canillas de Albaida, Málaga, Spain

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Ref: P047

Property marketed by Competa Properties S.L.

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This plot measures approximately 18,500m2 mainly flat, which is an unusual feature. The village of Canillas de Albaida is approximately a 10 minutes drive away. From the plot there are astounding views of the surrounding countryside, the Sierra Almijara mountains, the Sierra Tejeda mountains and the Mediterranean sea. There is a private water supply and electricity connections are close by. A plot in a stunning, tranquil location.

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Property Features

0 bedrooms
0 bathrooms
18,500m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

16,800€

Final Payment of 90% on completion

178,200€

Property Purchase Expenses

Property price

198,000€

Transfer tax 10%

19,800€

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:

198,000€

Deposit:

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* 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%.