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Property marketed by ExtremaCasa
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An opportunity to build your dream home in the country. Almost 40,000 sq m - nearly 10 acres - of fully fenced land with good views a short distance from the village of Herguijuela, about 15 minutes from Trujillo. Lots of encinas (the trees that provide acorns for the area's famous black pigs) and volcanic rocks. Mains electricity or solar power available, plenty of water. We can help you obtain the necessary planning permission and introduce you to local architects and builders. Estimated cost of building standard 3 bedroom house +/- 125,000 euros.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,850€
Final Payment of 90% on completion
43,650€
Property Purchase Expenses
Property price
48,500€
Transfer tax 10%
4,850€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.