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Ref: SV3664
Property marketed by Signature Villas SL
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This plot is ideal for those with commercial interests. It is permitted to build up to 5 floors with the possibility of opening a commercial office on the ground floor. Perfect for those who want to combine home and work, or for investors who are looking for a plot to build an apartment building or hotel. The plot is located on the Avenida del Rei San Carlos I which ensures that it has a direct connection to both the historic centre of Javea as well as the beach and harbour. Currently there is a house on it that needs to be completely demolished or renovated. There is already a water and electricity connection as well as sewage.
Property Features
- 0 bedrooms
- 0 bathrooms
- 200m² Build size
- 116m² Plot size
- newly built
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 8%
25,600€
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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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.