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Ref: AG19MLSC8735453
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We proudly presents a unique renovation opportunity in Rafal, Alicante – the perfect canvas to create your dream villa or mansion.Set on an expansive 1,500m² plot, this 310m² property offers incredible potential for transformation. Located on the edge of town, it provides the perfect balance of privacy and convenience, with all essential amenities just minutes away.Whether you envision a modern luxury villa or a grand Mediterranean estate, this spacious property allows for endless possibilities. With ample room for landscaped gardens, a private pool, and outdoor entertainment areas, you can design a one-of-a-kind home tailored to your lifestyle.Opportunities like this are rare—don't miss your chance to turn this property into something truly special. Contact us today for more information or to arrange a viewing!
Property Features
- 0 bedrooms
- 0 bathrooms
- 310m² Build size
- 1,500m² Plot size
- Entrance gate, automated
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
Property Purchase Expenses
Property price
159,000€
Transfer tax 8%
12,720€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.