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Ref: M271282
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Good investment opportunity.The urban plot, completely flat and only 600 m from the sea, has 2,425 m2. On it there is a house, on one floor, of 153 m2. The house is in need of renovation. It is possible to build a second floor.It is also possible to divide the plot into 3 urban plots of 808 m2 each.If you wish to visit this property or need more information, do not hesitate to contact us.
Property Features
- 3 bedrooms
- 2 bathrooms
- 153m² Build size
- 2,425m² Plot size
- Internet
- garaje
- Armarios
- exterior
- a reformar
- Cerca de Escuelas
- Cerca de Ocio
- Cerca de Comercios
- Cerca de Restaurantes
- Cerca de Zonas Verdes
- Cerca de Hospitales
- Cerca de Instalaciones Deportivas
- Jardines
- Agua
- Cerca del Aeropuerto
- Electricidad
- Cerca del Autobus
- Cerca del Tren
- < 500 to the beach
- Inversión
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
73,800€
Final Payment of 90% on completion
691,200€
Property Purchase Expenses
Property price
768,000€
Transfer tax 8%
61,440€
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.