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Ref: M293511
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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For sale country house to reform located in the hamlet of El Escorratel of the historic city of Orihuela, which combines the tranquility of a small town with basic services and cultural activities that enrich the lives of its inhabitants. A few kilometers away we can find the ociopia shopping center where we can find supermarket services, leisure... It is a unique opportunity to build your home in a relaxed environment and disconnect from the hustle and bustle of the city. For more information, do not hesitate to contact us and we will be happy to assist you.
Property Features
- 3 bedrooms
- 2 bathrooms
- 173m² Build size
- Patio
- Double Bedrooms: 3
- Location: Rural
- Has Main Electric
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,500€
Final Payment of 90% on completion
67,500€
Property Purchase Expenses
Property price
75,000€
Transfer tax 8%
6,000€
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.
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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.