Country House for sale in Torrevieja, Alicante, Spain

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Ref: MLSC5376316

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In one of the best areas of Torrevieja, next to the Parque de la Estación, very close to the Acequión and Los Náufragos beaches, being able to walk to the city center and at the same time in a very quiet area, it is for sale this plot for new construction In it you can build up to 2,500 m2 approximately, distributed in two floors of basement-storage rooms-garages, a ground floor that can be both commercial and for homes and five more floors, including the last one with penthouses with terraces and solariums Demolition done and ready to begin the processing of the works

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Property Features

0 bedrooms
0 bathrooms
323m² Plot size
Location: Coastal

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

67,000€

Final Payment of 90% on completion

629,999€

Property Purchase Expenses

Property price

699,999€

Transfer tax 8%

56,000€

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:

699,999€

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%.