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Ref: EME4600M
Property marketed by España Dream Properties

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Are you on the hunt for a new project? Have you always dreamed of designing your own property, in a great location, with gorgeous sea views? If so, then this 1,000m2 in La Chapineta, La Azohia, right by the beach, is the perfect investment. Designated as a residential space, the options for this plot are endless. Build a home, holiday apartments, or even place a prefabricated house on the land. Just get approval from the appropriate authorities, and you are all good to go! Don’t miss this great opportunity to make your dreams come true. Location: La Azohia is a small, Greek-island-esque port situated on the outskirts of the Bay of Mazarron, with mountains and hills just behind. The small port is an idyllic, quaint, very Mediterranean fishing area, and has protected, translucent waters, making this a great spot for diving enthusiasts. There are a number of diving schools here, so everyone can have the opportunity to experience life beneath the warm waters of the Mediterranean. Experience native Spanish cuisine after a long day of swimming by visiting one of the delightful restaurants. The nearby beach of San Gines in La Chapineta is certified with a blue flag for tourist quality and stands out for its clean and crystalline waters.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,250€
Final Payment of 90% on completion
236,250€
Property Purchase Expenses
Property price
262,500€
Transfer tax 8%
21,000€
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.
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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.