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Property marketed by Ibizavende
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Rustic land ANEI in the area of San Rafael, with an area of 50.000 m², extendable with an additional 30.000 m² for 150.000 €.The land is located in a very quiet, private and sunny environment, ideal for those looking for peace and privacy. There is an unregistered and unlicensed cottage, but due to its age, it can be registered. It is not possible to build anything else on the property.Currently, there is no electricity or water supply, but solar panels can be installed and a borehole can be drilled to obtain water. A unique opportunity to enjoy nature in an isolated and serene environment.We have many more houses, flats, villas, fincas, commercial premises and land for rent and sale on the island. Thank you for considering us as your real estate agency in Ibiza.
Property Features
- View Video Tour
- 0 bedrooms
- 0 bathrooms
- 50,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,000€
Final Payment of 90% on completion
495,000€
Property Purchase Expenses
Property price
550,000€
Transfer tax 10%
55,000€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.