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Ref: 60-3604-5
Property marketed by Javea Estates
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Interesting upward sloping building plot with beautiful sea views located in the well-known urbanization Altea Hills with 24-hour security. Just a few minutes away by car from the center and promenade of Altea, the marina of Campomanes and the Golf with Club House of Sierra de Altea. Topographical and geotechnical information available upon request.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,265m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,750€
Final Payment of 90% on completion
195,750€
Property Purchase Expenses
Property price
217,500€
Transfer tax 8%
17,400€
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.