Land for sale in Gata de Gorgos, Alicante, Spain

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Ref: 428-03328P

Property marketed by Selection Med

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Rustic plot with 220,000 m2. Possibility of converting it into an urban plot, located 5 km from the beach with spectacular sea views next to the Pedreguer Gata Residential development. It has water and electricity supplies. Possibility of developing a photovoltaic farm for electricity production. The entire plot is under a single boundary. Suitable estate for urban development. Located 3 km from Gata de Gorgos and 3 km from Pedreguer, 2 km to the A7 motorway. Paved road to the estate, fully urbanized and developed environment.

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Property Features

0 bedrooms
0 bathrooms
220,000m² Plot size
Sea view
Country view
Mountain view

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

117,000€

Final Payment of 90% on completion

1,080,000€

Property Purchase Expenses

Property price

1,200,000€

Transfer tax 8%

96,000€

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.

Mortgage Calculator

Mortgage Amount:

1,200,000€

Deposit:

€

Interest Rate:

Period:

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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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.