Land for sale in Vejer de la Frontera, Cádiz, Spain

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Ref: PL309

Property marketed by Inland Andalucia

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For full details on this property CLICK on the LINK http://www.inlandandalucia.com/propsearch.aspx?propertyref=PL309 Magnificent rustic corner plot with 8,090 m2 on El Palmar Beach in Vejer de la Frontera, in the province of Cadiz in Andalucia, Spain. Just 1 km from the sea with road access from the Camino de la Torre Nueva, it is currently used as arable land and has a flat topography and rectangular geometry. Located in the middle of the hamlet of El Palmar, 9 km south of the municipality of Vejer de la Frontera and 4 km from the urban centre of Conil de la Frontera. It is a rural area dedicated to agriculture and livestock that has developed in the last two decades as a privileged area for tourists due to its wide beaches, its gastronomic and hospitality that it offers. It is also a must-see destination for surf lovers. It has shops selling crafts and clothing, a wide and varied range of pubs and terraces for adults and recreational areas for children. The Vejer de la Frontera Town Hall is drafting the Urban Action Plans for its orderly development.

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Property Features

0 bedrooms
0 bathrooms
8,090m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

50,500€

Final Payment of 90% on completion

481,500€

Property Purchase Expenses

Property price

535,000€

Transfer tax 10%

53,500€

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.

Mortgage Calculator

Mortgage Amount:

535,000€

Deposit:

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* 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%.