Villa for sale in Monóvar, Alicante, Spain

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Ref: ECHS9726Q

Property marketed by España Dream Properties

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We are pleased to offer for sale 11,000m2 building plot with permissions, project, electric and water situated in a beautiful countryside location 7 minutes drive to the village of La Romana and 10 minutes to Monovar. The plot benefits fantastic mountain and open countryside views without feeling completely isolated. It has the full legal requirements for a new build villa and currently has a project and footings for a villa. The land is part fenced. There is a local restaurant within walking distance of the location. La Romana is situated 35 minutes from Alicante Airport and the Costa Blanca beaches with excellent road and motorway access. Features 11000m2 Plot 5 Minute Drive to Local Amenities Ample Room For Swimming Pool Installation Fantastic Countryside Views Fenced Good Access Mains Electric Mains Water Permissions For Villa

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Property Features

0 bedrooms
0 bathrooms
Swimming Pool
Pool: Optional
Mains Water
Mains Electric

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

4,000€

Final Payment of 90% on completion

62,999€

Property Purchase Expenses

Property price

69,999€

Transfer tax 8%

5,600€

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.

Mortgage Calculator

Mortgage Amount:

69,999€

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.

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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%.