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Property marketed by Competa Properties S.L.
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This is one of our rustic plots in Andalusia. It is located between Cómpeta and Torrox. This plot measures approximately 4906 m2. It is reached via a partly concreted road, partly a dirt road. Part of the road is steep. The access road divides the plot into two parts. A quarter of the land is below the road, the rest is above the road in a strip upwards.
Water and electricity is currently not connected.
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 is currently not connected.
From the site there are panoramic views of the surrounding countryside, the Sierra Almijara mountains, the Sierra Tejeda mountains and the Mediterranean sea.
Property Features
- 0 bedrooms
- 0 bathrooms
- 4,906m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,800€
Final Payment of 90% on completion
43,200€
Property Purchase Expenses
Property price
48,000€
Transfer tax 10%
4,800€
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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