Land for sale in Altea, Alicante, Spain

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Ref: HP8979E

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This building plot is located in one of the most unique places in Altea Hills, with BREATHTAKING SEA VIEWS and the surrounding landscape. The adjacent plot can possibly be bought to create an even larger possible construction area for a villa of choice. HP8979E

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Property Features

0 bedrooms
0 bathrooms
1,623m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

74,100€

Final Payment of 90% on completion

693,900€

Property Purchase Expenses

Property price

771,000€

Transfer tax 8%

61,680€

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:

771,000€

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.

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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%.