Make an Enquiry About This Property
Ref: CGP JLM5350
Property marketed by J.L.MORALES REAL ESTATE
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JL Morales Estate offers this property located in Las Heradades, Almoradi. The property has an area of 140 m2, located on a fenced plot of 2500 m2, equipped with water and electricity connection. It needs complete renovation but can become a beautiful home in a quiet rural setting. Only a few minutes drive to all amenities in Almoradi.
Property Features
- 4 bedrooms
- 2 bathrooms
- 140m² Build size
- 2,500m² Plot size
- Garden
- Need Reform
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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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