Land for sale in Finestrat, Alicante, Spain

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Ref: AG19150930

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Plot of 600 m2 of urban land for sale with license and approved project for the construction of a villa in Finestrat.The villa will have a useful area of 177 m2 roof, total built area of 300 m2 distributed in basement plus height. The house will have 4 bedrooms and 3 bathrooms inside, open plan kitchen, living/dining room with an additional bathroom outside. It also has a garden with barbecue and swimming pool. With good communication with the national highway and easy access to the La Marina shopping center. It is located less than 5 minutes from the beaches of Poniente de Benidorm and Cala de Finestrat, very close to the golf course and 45 minutes from Alicante airport.

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Property Features

0 bedrooms
0 bathrooms
600m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

20,600€

Final Payment of 90% on completion

212,400€

Property Purchase Expenses

Property price

236,000€

Transfer tax 8%

18,880€

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:

236,000€

Deposit:

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* 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%.