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Ref: 60-3335-5
Property marketed by Javea Estates
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Two flat building plots of 1500m2 for sale in Javea, situated at the foot of the Montgo with an open panoramic view over the valley. The plots still need to be urbanized but a permit is available for this. The building plots are not free of builder, there is a building obligation.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,500m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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.