Land for sale

Land for sale

Competa, Málaga
160,000
 
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
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Ref: P192
Property marketed by Competa Properties S.L. Competa Properties S.L.
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A lovely plot between the village of Cómpeta and Torrox, only a 15 minutes drive to the coast. The plot size is 20.000 m2 and it has wonderful views of the surrounding countryside. There is also an existing finca on the plot which could easily be renovated into an enchanting country property.

Electricity and water can easily be connected.

A charming plot in a beautiful, tranquil location.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 20,000m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
 
Property Purchase Expenses
Property price
160,000€
Transfer tax 10%
16,000€
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.

Mortgage Calculator

Mortgage Amount:
160,000€
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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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