Land for sale in Arona, Tenerife, Spain

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Ref: 051491/6907

Property marketed by Canary Hogar

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We have for sale this urban plot in Chayofa, with 5.715 m2 of which 3.179 m2 buildable, with a buildability of 0,5 m2 of construction per m2 of land, with a maximum height of 10 meters and the option to build up to three floors, the classification of land right now is programmed land for development and has the use of social equipment .~The location of this plot is simply privileged. Chayofa is an elegant and exclusive area that gives you the best of both worlds: the tranquillity of living in a natural environment, surrounded by beautiful mountains, and the convenience of being only a few minutes away from the prestigious beaches of Los Cristianos and Las Americas.

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Property Features

0 bedrooms
0 bathrooms
3,179m² Build size
5,717m² Plot size
Light
Water
Vistas al mar
Residencial

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

82,000€

Final Payment of 90% on completion

765,000€

Property Purchase Expenses

Property price

850,000€

Transfer tax 10%

85,000€

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:

850,000€

Deposit:

€

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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.

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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%.