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Ref: 336-0020
Property marketed by M.R.Servicios Inmobiliarios
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Plot is situated in a location very much in demand within thecity of Torrevieja. It is located in a raised area, sothat from the second plant we will be able to have views of the sea, this alongwith its orientation to the south, make her a fantastic opportunity tothe development of a single family dwelling in an environment privileged.Account with the possibility of a detached house or 2 housesattached, with the possibility to run up to 329m2 distributed intwo floors and with a maximum occupancy 30.In terms of construction are located on a firm ground,reducing the costs of construction. In addition, accountwith the rush of executed facilities, which assumes asignificant savings
Property Features
- 0 bedrooms
- 0 bathrooms
- 940m² Build size
- Urbano
- No
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,000€
Final Payment of 90% on completion
261,000€
Property Purchase Expenses
Property price
290,000€
Transfer tax 8%
23,200€
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.