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Ref: 40062-PB
Property marketed by Stratus International Properties

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For Sale: Restoration ProjectWe present the remnants of a stone house situated on a generous plot of 37,000 m² of fertile land in the urban area of Yecla. The property features irrigation water. Nestled in a tranquil location, this site offers stunning views that enhance its appeal. Plot is easily accessible via a dirt road. This is a low-cost investment for those with the vision and courage to transform it into a remarkable residence.This exceptional opportunity, although offering numerous options for development, is not for everyone - but might be for you! Don't miss out on this chance to create something extraordinary.Yecla is renowned for its wine production, historical landmarks, and vibrant local culture. The surrounding natural landscapes provide opportunities for outdoor activities, while the town itself offers all necessary services, including schools, shops, and restaurants. This property combines the tranquility of countryside living with easy access to modern amenities.We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas. We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
Property Features
- 0 bedrooms
- 0 bathrooms
- 409m² Build size
- 37,000m² Plot size
- Mains Irrigation Water
- Telephone
- Internet
- Great views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,450€
Final Payment of 90% on completion
40,050€
Property Purchase Expenses
Property price
44,500€
Transfer tax 8%
3,560€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.