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Ref: HP97253A
Property marketed by Hot Property Spain
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Opportunity - small country house, situated on a lovely FLAT PLOT, within WALKING DISTANCE of the beach and Calpe town. Situated in the privileged location of Garduix - great opportunity to acquire a rustic plot of 13,000m2 with an opportunity to build a property up to 520m2. Also ideal for setting up any business in rural areas. Very private. The plot has water and electricity. It also has a tank of approximately 250 m3 and a natural water well. Currently the plot is planted with pine trees (6,000m2), irrigated fruit trees (1,600 m2), and dry almond trees (3,960 m2) - all in a slight state of neglect.The plot is surrounded by a rural road on 3 sides and is fully fenced. It is located in an elevated area, so the views will never be taken away from you. HP97253A
Property Features
- 1 bedroom
- 1 bathroom
- 50m² Build size
- 13,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,000€
Final Payment of 90% on completion
297,000€
Property Purchase Expenses
Property price
330,000€
Transfer tax 8%
26,400€
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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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.