Land for sale in La Codosera, Badajoz, Spain

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Property marketed by ExtremaCasa

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This building of 80 sq.m is situated near the small village of La Rabaza, about 9 km from the town of La Codosera.The plot is 1600 sq.m (just under 0.4 of an acre. I think of this house as a blank canvas for some one to renovate, using their own personal style. The plot is accessed from a small road which runs alongside the property as does the town water which could be connected. There is a well which would need pump and pipework putting in, but electricity is already connected. The land has cork oaks,cactus and pine trees and for the most part is reasonably cleared. This would make some one an interesting project!

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

5,495€

Final Payment of 90% on completion

76,455€

Property Purchase Expenses

Property price

84,950€

Transfer tax 10%

8,495€

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:

84,950€

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%.