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Ref: JAD-53304
Property marketed by OLIVIA REAL ESTATE
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How can we help you?:
We can offer this oppertunity to purchase a complete renovation project, a property with the footprint in the escritura if 125M2 in its own plot of 4300m2,There is water and electricity at the foot of the plot ( needs to be connected).Located in the countryside but close to services, shops, bars and restaurants.
Property Features
- 0 bedrooms
- 0 bathrooms
- 125m² Build size
- 4,300m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,950€
Final Payment of 90% on completion
62,550€
Property Purchase Expenses
Property price
69,500€
Transfer tax 8%
5,560€
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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