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This area is experiencing significant growth, benefiting from the development around the General South Road, which ensures excellent connectivity and a privileged location in a fully urbanized environment.
Plot Features:
Total Area: 5,249 m².
Below ground, the plot has a spacious area designated for garages and storage rooms. Additionally, there is the possibility of developing a second below-ground floor with independent access, offering flexibility for its exploitation or separate sale, maximizing the economic return of the project.
This project is a magnificent opportunity to develop a modern residential complex in one of the most promising areas of Alcalá. The location, along with flexible urban specifications, allows for the creation of an attractive and functional residential space.
For more information about this development opportunity, or to arrange a visit to the plot, please do not hesitate to contact us.
Property Features
- 0 bedrooms
- 0 bathrooms
- 5,249m² Plot size
- exterior
- orientación sur
- soleado
- urbano
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%.
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.