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Ref: ADH5153K
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Large Parcel of Land with Olive Trees. Large parcel of lovely flat land for sale, this land is in the Paradon area on the fringe of Pinoso, a much sought after town with all amenities including supermarkets, bars/restaurants, doctors, dentists and schoolsThe land is large 12393m2 in total allowing a build of 5400m2, there are spectacular mountain views and the added bonus of 186 olive trees. There is already drinking water on site and adding electricity should not be a problem.If you are looking at building your dream home in Spain this is a must view piece of land.
Property Features
- 0 bedrooms
- 0 bathrooms
- 5,400m² Build size
- 12,393m² Plot size
- Mains Water
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.
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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.