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Ref: MLSC8021624
Property marketed by The Property Group
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This completely fenced plot is over 12400m2 and built with mostly olive trees for a good harvest There is a "Casa de Apero" built of 70m2 which is now being registered This "Casa de Apero" can be finished at your own discretion Around here there are also a number of fruit trees To give an example: a "casa de apero" is a barn or a storage room, you may not convert it into a house (vivienda) Even if you have registered the approved m2 , the permit is given for the use of the storage, not for the use as a home For more information about this we refer you to our lawyer or gestoria There is a legal well on this plot that provides sufficient water On the side there is room for a large vegetable garden Electricity is available and there are fantastic views
Property Features
- 0 bedrooms
- 0 bathrooms
- 70m² Build size
- 12,456m² Plot size
- Country/Mountain Views
- Fenced Plot
- Good Motorway Access
- Entrance Hall
- Mains Electricity
- Mature Gardens
- Well Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 10%
12,000€
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.