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Ref: 63003C2010
Property marketed by Stratus International Properties
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Discover the vast potential of this 40,000 square meter rustic land, offering a canvas for your vision in the midlands. The property features nine mature olive trees, adding both charm and a touch of agricultural allure.A notable feature is the four-inchorlet well, complete with a dedicated installation and meter. This well-engineered water supply system ensures efficient irrigation across the entire expanse of the land, laying the groundwork for diverse agricultural possibilities or future development.Beyond its practical amenities, the property unveils stunning midlands views that serve as a picturesque backdrop. Whether you're considering the land for agricultural purposes or envisioning a private retreat, the panoramic views enhance the appeal of this remarkable parcel.This plot is not just land; it's a canvas awaiting your blueprint. With its mature olive trees, efficient water supply, and breathtaking views, this is an opportunity to turn your vision into reality. Contact us today to explore the potential of this unique property and seize a piece of the midlands with endless possibilities.If you liked this property, do not hesitate to contact us to organize a visit, we will be happy to help you!
Property Features
- 0 bedrooms
- 0 bathrooms
- 40,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
Property Purchase Expenses
Property price
119,000€
Transfer tax 8%
9,520€
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.