Villa for sale in Elx/Elche, Alicante, Spain

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Ref: ESL5748N

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Beautiful recreational farm in Santa Ana. 10 minutes from Alicante and 10 minutes from Elche. Well connected and quiet area. Sea views. Stables for horses, stables, riding stables, orchards, gardens and lots of trees. Project of a villa of 450 m2. The farm is made up of three linked plots (in each of them an independent villa can be built). It has irrigation water from San Pascual, from the Alicante treatment plant and its own legalized well. Drip irrigation installation. It has an opening license for horse breeding. There is also the possibility of selling the plots separately: plot A (access), 17,000 m2 for € 150,000; plot B (central), of 10,000 m2 at € 120,000 and plot C (in the background) of 17,318 m2 at € 100,000.

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Property Features

0 bedrooms
0 bathrooms
terrain type: Flat Plot
fenced plot
Storage room
Covered terrace
open terrace
Parking
near the town center

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

42,000€

Final Payment of 90% on completion

405,000€

Property Purchase Expenses

Property price

450,000€

Transfer tax 8%

36,000€

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:

450,000€

Deposit:

€

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Mortgage Result

* 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%.