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Discover this fantastic plot, 9,108 m² in size for sale in La Joya, Benitachell, offering stunning panoramic views of the sea and mountains. An approved preliminary project allows for the construction of 19 homes, each 120 m² in size, with a communal pool and gardens, ideally located between Benitachell and Moraira. Additional infrastructure work is required before the build begins.
Building in this area offers distinct benefits, including high demand for vacation homes, a mild Mediterranean climate, and the potential for attractive rental yields given the region's popularity with both international visitors and residents. Additional infrastructure work is required to complete the project.
**Note:** Prices do not include VAT, notary and registration fees, or connection costs for water and electricity services.
Property Features
- 0 bedrooms
- 0 bathrooms
- 9,108m² Plot size
Costing Breakdown
* 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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Mortgage Result
* 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.
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.