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Property marketed by Smilo Real Estate SL
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The total area of the land is divided into:
2000m2 intended for private green areas.
3000m2 of commercial / hospitality use.
10.000m2 with a floor area of 1.31m2m2.
The result is 13,100m2 intended for:
10100m2 of residential use. Of which 66 homes could be obtained.
In order for all this to be possible, the town council requires the conditioning of the adjoining plot, with an area of 9000m2 for green areas, from which the terraces of premises destined for the hospitality industry can benefit.
2000m2 intended for private green areas.
3000m2 of commercial / hospitality use.
10.000m2 with a floor area of 1.31m2m2.
The result is 13,100m2 intended for:
10100m2 of residential use. Of which 66 homes could be obtained.
In order for all this to be possible, the town council requires the conditioning of the adjoining plot, with an area of 9000m2 for green areas, from which the terraces of premises destined for the hospitality industry can benefit.
Property Features
- 0 bedrooms
- 0 bathrooms
- 15,100m² Plot size
- hostelería
- solar
- terraza
- zona verde
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
652,000€
Final Payment of 90% on completion
5,895,000€
Property Purchase Expenses
Property price
6,550,000€
Transfer tax 10%
655,000€
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.