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Ref: 056421/6907
Property marketed by Canary Hogar
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Land for sale in San Miguel de Abona mixed with 2 plots, one urban of 377m2, and another rustic of 900m2, sold with project and license, to build up to 700m2.~It has access through a paved road. It has connection to water and electricity supplies.~~The area where the land is located is a quiet and residential area, with good connections both by public transport and by car. It would be a few minutes from the highway so it keeps us well connected.~~In the vicinity we can find both local shops and playgrounds or a good area to park. We also have local pharmacies or supermarkets where we can get everything we need as well as shopping centers, gas stations and a few minutes from the beach.
Property Features
- View Video Tour
- 0 bedrooms
- 0 bathrooms
- 700m² Build size
- 1,277m² Plot size
- Light
- Water
- Vistas al mar
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 10%
23,500€
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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