3 bedroom Cave House for sale in Pinoso, Alicante, Spain

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Ref: PG--98949

Property marketed by Stratus International Properties

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Cave house in the beautiful town of Pinoso to restore. The property is located in the interior of Pinoso with about 500 m2 of land. It is a property of about 65 m2 that you can expand without problem since it is on urban land. You can also build a pool, a garage or a new house... It has a connection to drinking water, sewerage and access to electricity. It is located in a very quiet area, with good access and beautiful views. You can also acquire more land, up to 700 m2 more of urban land. A magnificent opportunity.

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Property Features

3 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,500€

Final Payment of 90% on completion

40,500€

Property Purchase Expenses

Property price

45,000€

Transfer tax 8%

3,600€

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:

45,000€

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%.