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Property marketed by ExtremaCasa
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An extraordinary opportunity to purchase the property with approx. 63 hectares of land (approx. 155 acres) near Lanchuelas and the border town of Valencia de Alcántara. The building of 100 sq.m needs reforming but when you see its location I believe you will think this a worthwhile project. The land has approx. 2,000 cork oaks, and its gently undulating nature lend it to the growing of rye. The land includes a small hill and large granite boulders, typical of the area. There is an area set aside for fruit trees,and with a little TLC would make a fine orchard. Next to the orchard there is a small stream and an old artisan well. (That's if i can find it again !) The house is set with surrounding land next to a small beck. A walk to the top of the hill behind takes you to fabulous views over to Marvao and Portugal. The land has two access points. Town water is avaliable on the boundary with the possibility of connecting mains electricity. If you visit this stunning property please remember some good walking boots !
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
34,000€
Final Payment of 90% on completion
332,996€
Property Purchase Expenses
Property price
369,995€
Transfer tax 10%
37,000€
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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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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