Country House for sale in San Miguel de Abona, Tenerife, Spain

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Ref: 049461/6907

Property marketed by Canary Hogar

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Wonderful estate with privileged views of the sea and the Amarilla golf course, located in Guargacho.~It has a surface area of 106.000 m2, of which 10.000 m2 are developable. It offers infinite possibilities: construction of houses, building, shopping centre... .~It is fenced in all its perimeter and has three-phase electricity and water for irrigation.~It has a project for the construction of two tool rooms.~The information given is offered by third parties, merely for information purposes and is assumed to be correct. The offer is subject to errors, price changes, omission or withdrawal from the market without prior notice.

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Property Features

0 bedrooms
0 bathrooms
10,000m² Build size
106,000m² Plot size
Light
Water
Vistas al mar

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

50,000€

Final Payment of 90% on completion

477,000€

Property Purchase Expenses

Property price

530,000€

Transfer tax 10%

53,000€

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.

Mortgage Calculator

Mortgage Amount:

530,000€

Deposit:

€

Interest Rate:

Period:

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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.