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This spacious building plot of 4000 m2 with planning permission is located in one of the most unique locations in Altea Hills and offers breathtaking views over the countryside and the sea. Because the excavation work has already been carried out, the plot is ready for construction. A possible buyer can choose a builder himself.
Property Features
- 0 bedrooms
- 0 bathrooms
- 4,000m² Plot size
- newly built
Costing Breakdown
* 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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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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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.