Other for sale in Cartagena, Murcia, Spain

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Ref: AG820-3199

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This front line plot is only 5m to the Sandy beach on practically the same level. The plot itself is 550m2. The Cartagena town hall allows 40% of the plot to be built on above ground. Nothing can be built above ground on the front 10m of the site however a swimming pool can be built into the ground if desired. &lt;br&gt; Cartagena’s top Architect Jose Amoros has designed a modern house in strict accordance with town hall rules and has applied for planning permission to build. &lt;br&gt; Although the design submitted to the town hall includes a very large basement/garage the new buyer can save a great deal of money by not building the garage. Similarly the plans include a lift and a roof solarium which do not have to be included in the final house. &lt;br&gt; A site like this only becomes available once in a generation (25 years), don’t miss this unique opportunity. Take a drive down this weekend and see for yourself. We believe that you will agree that this is a rare find. &lt;br&gt;

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Property Features

0 bedrooms
0 bathrooms
220m² Build size
550m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

16,900€

Final Payment of 90% on completion

179,100€

Property Purchase Expenses

Property price

199,000€

Transfer tax 8%

15,920€

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:

199,000€

Deposit:

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Interest Rate:

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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%.