5 bedroom Cave House for sale in El Campello, Alicante, Spain

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Ref: 202423/9135

Property marketed by CarmenUlloa Real Estate

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OLD HOUSE LOCATED ON A HUGE PLOT TO REFORM OR BUILD IN FRONT OF THE SEA~~We present this old house built in 1930 and located on a plot of 7,779 square meters in an urban plot plus another 300.000 rustic square meters!~~This house can be rebuilt and expanded or make a project to build several houses.~~The house is located in the Cala Dor area, and has a surface area of 408 m2, with 5 double bedrooms and two bathrooms. There is also another building at the beginning of the plot that has been used for tools.~~It has, of course, impressive views of the sea and the mountains.~~Legal note: The information provided is merely informative and not binding from a legal point of view, and may contain errors.~~Professional Real Estate Agent: Number 692~Registry of Real Estate Agents of the Valencian Community: 1862

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Property Features

5 bedrooms
1 bathroom
408m² Build size
7,779m² Plot size
Balcon
All Foreign
Vistas al mar
Terrace
Garden

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

127,000€

Final Payment of 90% on completion

1,170,000€

Property Purchase Expenses

Property price

1,300,000€

Transfer tax 8%

104,000€

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.

Mortgage Calculator

Mortgage Amount:

1,300,000€

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%.