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Ref: PL267
Property marketed by Inland Andalucia
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This good size plot of urban land sits just a 5 minute walk from the centre of Humilladero town in the Malaga province of Andalucia, Spain which offers all the local amenities including schools, medical centre, shops, bars and restaurants and La Sierrecilla recreational area with picnic benches and BBQ for the whole community to use, surrounded by fantastic countryside and nature walks. The corner plot consists of 416m2 of urban land and all road ways are in ready for you to build the home of your dreams.
Property Features
- 0 bedrooms
- 0 bathrooms
- 416m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,400€
Final Payment of 90% on completion
39,600€
Property Purchase Expenses
Property price
44,000€
Transfer tax 10%
4,400€
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.