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A local builder has given me an estimate of 55 - 70,00 euros to complete the interior to your own requirements, install a fully functioning solar power system, a water connection and an ecological sewage disposal system.
The property has about 120 olive trees and the land is flat so would be ideal as a country home for someone with horses or as a camping or motor-home park. * Price reduced by 25,000 euros *
Property Features
- 0 bedrooms
- 0 bathrooms
- 120m² Build size
- 71,000m² Plot size
Costing Breakdown
* 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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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.
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.