Country House for sale in Torremendo, Alicante, Spain

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Ref: BCD4628

Property marketed by Costa Blanca Housing

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Old Rural Country House of 120 m2 located in a quiet area, 20 km from the beaches of Orihuela Costa, La Zenia, Campoamor and its Golf Courses of Villamartin, Las Ramblas, Campoamor and Las Colinas.
Its construction is on one floor with a gabled roof. It has a total plot of 500 m and an interior patio. It needs reform.

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Property Features

0 bedrooms
0 bathrooms
120m² Build size
500m² Plot size
0 bedrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

6,400€

Final Payment of 90% on completion

84,596€

Property Purchase Expenses

Property price

93,995€

Transfer tax 8%

7,520€

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:

93,995€

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%.