Land for sale in Torrevieja, Alicante, Spain

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Ref: AG19MLSC8895909

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Building Plot for Sale – 162 m² with Carport and WorkshopUnique opportunity! A 162 m² plot of land, ideally located, including:A carportA gardenA 31 m² workshop, equipped with an inspection pit of 1.80 mThe plot is buildable, and a study has been carried out for a construction project of two semi-detached single-family houses with ground floor + 1 floor and garage (Proyecto Básico y de Ejecución).It is possible to acquire only the 162 m² plot or also purchase the attached family home (reference MR-774MM).Contact us for more information!

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Property Features

0 bedrooms
0 bathrooms
162m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,500€

Final Payment of 90% on completion

40,500€

Property Purchase Expenses

Property price

45,000€

Transfer tax 8%

3,600€

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.

Mortgage Calculator

Mortgage Amount:

45,000€

Deposit:

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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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.