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Ref: MLSC2751138
Property marketed by The Property Group
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This plot of 71,641 m2 is located on La Copa de Bellas, the cycling paradise of Spain, 60 km from Murcia City It is currently agricultural land, but an application was previously submitted for a permit as building land Electricity is already provided on the plot It is a very large beautiful plot located next to a nature reserve and with views over the fields with almond and lime trees On the plots next to this land there are also fincas and a farm The permit should therefore normally not be a problem, but the application must be resubmitted Next to the land there is a large nature reserve It is located 38 km from the village of Bullas where you can find all the necessary facilities such as restaurants, bodega, the Museo del vino and the beautiful nature reserve Salto Del Usero
Property Features
- 0 bedrooms
- 0 bathrooms
- 71,641m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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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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.