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Ref: P3771973
Property marketed by Ideal Country Property
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961m² urban plot in Tolox. The plot currently has a house built on it, but it requires a total structural reform to be able to live in it.
The plot is fully fenced with some fruit trees and offers wonderful views of the town and the mountains. It has town water, is ready to hook up the electricity supply and it is close to all the amenities that the town offers.
The plot is fully fenced with some fruit trees and offers wonderful views of the town and the mountains. It has town water, is ready to hook up the electricity supply and it is close to all the amenities that the town offers.
Property Features
- 0 bedrooms
- 0 bathrooms
- 961m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 10%
15,000€
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.
Mortgage Calculator
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.