Land for sale

Land for sale

, Asturias
120,000
 
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
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Property marketed by Asturias Property
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General Info
Here we have one hectare of prime agricultural land for sale in a good location. This property is within easy access to the main road. Currently the land is planted with Maiz and there would be potential for some income from this property. This is Grade 1 agricultural land and is classed as non-urbanisable. However buildings are permitted that relate directly to the use of the land. The permitted uses for the land include; forestry, agriculture and livestock as well as the constructions necessary for their execution. It is also permitted to use the land for protection, conservation and improvement. The land use in this case is agricultural and transformation of this land into forest land will not be permitted. It must remain agricultural land.

Land Use
Since the land is currently used as agricultural, it is therefore authorised for a single family dwelling as long as it's proven that the house is linked to the land in a continuing agricultural or livestock industry. As long as the owner uses the land for farming purposes, a building is permitted to house the owner and his family. The size of building is governed by the specific use of the land. For Agricultural activities, the building must not exceed 150 sqm. For Livestock use, the building linked to the land cannot exceed 600 sqm. All building licences would have to be applied for. Applications need to be in accordance with the conditions set out by the local town hall. A building permit is not guaranteed, so this would have to be looked into.

Amenities
Electricity and water are accessible along the boundary of the land and could be connected to a property once built. The land is located on the edge of a small town in the area of Luarca, close to the coast and easy access to the motorway.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 10,000m² Plot size
  • Agricultural land
  • Able to construct agricultrual building
  • Close to the coast
  • Luarca
  • Good access

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
 
Property Purchase Expenses
Property price
120,000€
Transfer tax 10%
12,000€
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:
120,000€
Deposit:
Interest Rate:
%
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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.

Spanish Property News & Updates by Spain Property Portal.com

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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