Land for sale

Land for sale

Alacant/Alicante, Alicante
119,000
 
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
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Ref: 202556/9135
Property marketed by CarmenUlloa Real Estate CarmenUlloa Real Estate
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DEVELOPABLE PLOT (NON-URBAN) IN THE CAMI EL DE MARCO AREA~~A 1,494 m² plot of land is for sale, located in a quiet area of ​​San Juan, Alicante, a short distance from the sea and the wonderful Muchavista beach.~~Currently in an agricultural zone, it is about to be reclassified as an urban zone, which will significantly increase its value in the future.~~Great investment potential, ideal for those seeking an excellent opportunity in the real estate sector.~~It is important to note that, as this land is not yet urban, licenses for any construction or activity will not be obtained until the development process, which has not yet begun, is completed.~~What does it mean to say that it is developable and not urban? Well, it means that, in its current state, it cannot be built on immediately, as it does not yet have the basic infrastructure required by urban regulations, such as paved access roads, a drinking water network, sewage systems, public lighting, and other essential urban services.~~The development land is classified as suitable for future development according to the municipality's general plan, but in order for it to become urban land—and therefore buildable—it must undergo a transformation process. This process includes the drafting and approval of an urban development project, as well as the execution of the necessary works to provide the land with all the required services.~~Therefore, if your intention is to build immediately, this land does not meet current requirements. However, if you are looking for a medium- to long-term investment, or to participate in the future development of the area, this property represents an excellent acquisition opportunity with potential for appreciation in value.~~Prime location: just 3 minutes from the Carrefour shopping center, with quick access to services and amenities. It is also 30 minutes from the airport and 20 minutes from downtown Alicante.

Property Features

  • View Video Tour
  • 0 bedrooms
  • 0 bathrooms
  • 1,494m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
 
Property Purchase Expenses
Property price
119,000€
Transfer tax 8%
9,520€
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:
119,000€
Deposit:
Interest Rate:
%
Period:
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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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