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Ref: kf944259
Property marketed by Spanish Best Homes 2010, s.l.
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Unique opportunity in the heart of Campos del RÃo, Murcia! We present a magnificent direct urban land, ideal for investors and builders seeking to maximize their profitability. With a total area of ââ500 m² and a buildable area of ââmore than 400 m², this plot offers the possibility of developing up to four semi-detached single-family homes. The plot, completely flat and easily accessible, has a 26-meter façade and an equal depth, which guarantees optimal architectural design. Located in the heart of the urban center, the land has all the essential services: water, electricity and sewage, thus facilitating the construction process. Furthermore, its urban access makes it a perfect option for both high-rise residential projects and single-family villas. Don't miss this investment opportunity in an area with great development potential. Make your real estate project a reality in Campos del RÃo!
Property Features
- 0 bedrooms
- 0 bathrooms
- 500m² Build size
- Swimming Pool
- Distance from Golf, 30 min driving
- Distance from the Beach, 45 min driving
- Garage
- Garden
- Distance from Services, walking distance to all services and amenities
- Pool
- Terrace
- Distance from the Airport, 30 min driving to Murcia Airport and 1 hour to Alicante Airport
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,000€
Final Payment of 90% on completion
81,000€
Property Purchase Expenses
Property price
90,000€
Transfer tax 8%
7,200€
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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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.