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Ref: AG19145855
Property marketed by Spain Property Shop S.L
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Commercial Opportunity on Corner Plot in Orihuela Costa Discover this exceptional corner plot, located in the coveted area of Orihuela Costa on the Costa Blanca. This land represents an unparalleled opportunity to build and develop your own business in a thriving residential area, surrounded by unobstructed views and a highly attractive environment. Detailed Technical Features: Municipal Regulations: Governed by the General Urban Development Plan (PGOU) of 1990 and its subsequent modifications, this plot classified as urban land complies with the Building Ordinance of Orihuela, ensuring total legality and viability for your commercial projects. Development Possibilities: Included in the Interior Reform Plan 'Las Chismosas',the parcel has solid legal backing that facilitates obtaining necessary licenses and declarations to undertake any project. Highlighted Advantages:Strategic Location: Locatedin an areaof high demand for both tourismandresidential purposes,it offersa privileged locationto attractbothlocalandinternational customers.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,206m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,000€
Final Payment of 90% on completion
387,000€
Property Purchase Expenses
Property price
430,000€
Transfer tax 8%
34,400€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.