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Ref: VZRPD22LC
Property marketed by Grupo Platinum Estates Sl

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Grupo Platinum present this amazing opportunity to acquire a cortijo to reform on a huge 4 hectare plot in the countryside near Los Torrentes, Velez Rubio.
This magnificent location offers stunning 360° views, immense potential.
To rebuild the surface area is 252m2, which allows to build a large property and the size of the plot offers endless possibilities, a large terrace, a large swimming pool, you choose!
The plot is surrounded by almond trees in production.
Water and electricity connections are situated very close which will facilitate your future connection.
Situated only 10 minutes drive from the town of HuercalOvera where you can find everything you need for daily life, supermarkets, restaurants, bars, sports centres. The village of Velez Rubio is 30 minutes away and the town of Taberno is 25 minutes away where you will also find all the necessary services, and within 40 minutes drive you will find the splendid beaches of San Juan de Los Terreros and Vera.
Call now the Grupo Platinum Estates team on +34 950 46 61 12 for more information.
This magnificent location offers stunning 360° views, immense potential.
To rebuild the surface area is 252m2, which allows to build a large property and the size of the plot offers endless possibilities, a large terrace, a large swimming pool, you choose!
The plot is surrounded by almond trees in production.
Water and electricity connections are situated very close which will facilitate your future connection.
Situated only 10 minutes drive from the town of HuercalOvera where you can find everything you need for daily life, supermarkets, restaurants, bars, sports centres. The village of Velez Rubio is 30 minutes away and the town of Taberno is 25 minutes away where you will also find all the necessary services, and within 40 minutes drive you will find the splendid beaches of San Juan de Los Terreros and Vera.
Call now the Grupo Platinum Estates team on +34 950 46 61 12 for more information.
Property Features
- 0 bedrooms
- 0 bathrooms
- 252m² Build size
- 40,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,000€
Final Payment of 90% on completion
45,000€
Property Purchase Expenses
Property price
50,000€
Transfer tax 8%
4,000€
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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.