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Ref: P055
Property marketed by Competa Properties S.L.
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This plot measures approximately 4,710m2. The village of Cómpeta is approximately a seven minute drive away. From the site there are panoramic views of the surrounding countryside, the Sierra Almijara mountains, the Sierra Tejeda mountains and the Mediterranean sea. Water and electricity connections are close by. A plot in a beautiful, tranquil location.
Property Features
- 0 bedrooms
- 0 bathrooms
- 4,710m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,800€
Final Payment of 90% on completion
52,200€
Property Purchase Expenses
Property price
58,000€
Transfer tax 10%
5,800€
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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