Land for sale

Land for sale

Arta, Mallorca
600,000
 
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
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Ref: ADE3185Q
Property marketed by España Dream Properties España Dream Properties
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This extensive rustic property is strategically located on the Artà - Cañamel highway, less than 1 km from the picturesque town of Artà. Its location allows you to enjoy the tranquility of the countryside while maintaining convenient proximity to the services and community life of the town. The farm is a set of rustic plots of different sizes, offering a great diversity of landscapes and potential uses. The land is completely flat, which makes it easy to use and exploit. Part of the land is used for agriculture, while other areas are oak forests. In addition, the farm has a wide variety of native trees from the islands, providing a natural and biodiverse environment. The property has an old sinia typical of Mallorca, a water well drilled into the ground, and an old mill with a large cistern. These features not only add historical and cultural value, but are also useful for water supply. On the property there is a large house in a state of ruin, which offers a unique opportunity to restore and customize according to the needs and desires of the buyer. The property has its own electricity with a meter, guaranteeing an independent energy supply. Abundant water supply, essential for agriculture and any future development. A large part of the estate is protected, which ensures the conservation of the natural environment and limits unwanted urban developments. This large rustic property is ideal for those looking for a place with history and character, perfect for agricultural projects, restoration of old properties or simply to enjoy the natural beauty of Mallorca. The combination of agricultural land, forests and old buildings provides multiple opportunities to develop the estate according to individual preferences. For more information and questions about this rural property and our advice possibilities, do not hesitate to contact us. We are here to help you explore all the options and make your project a reality.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 200m² Build size
  • 62,299m² Plot size
  • Light
  • water

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
57,000€
Final Payment of 90% on completion
540,000€
 
Property Purchase Expenses
Property price
600,000€
Transfer tax 10%
60,000€
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:
600,000€
Deposit:
Interest Rate:
%
Period:
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.

Spanish Property News & Updates by Spain Property Portal.com

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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