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Ref: M299656
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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????️ 220 m² plot for sale in a strategic area - Ideal for high-rise construction ???? Great investment opportunity in the heart of Torrevieja! This 220 m² urban plot offers a wide range of possibilities, including the construction of a building of up to 5 floors, ideal for developing a residential, tourist, or mixed-use project. ✨ Highlights: ???? Surface area: 220 m² ???? Buildable area for up to 5 floors ???? Ideal for developers, builders, or forward-thinking investors ???? Excellent location, surrounded by amenities, just minutes from the city center, and well connected With a growing demand for housing in the area, this plot represents a unique opportunity to build or transform a custom project. ???? For more information or to schedule a viewing, contact us today!
Property Features
- 0 bedrooms
- 0 bathrooms
- 220m² Plot size
- Views: Sea
- Near bus route
- Beach: 400 Meters
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,000€
Final Payment of 90% on completion
270,000€
Property Purchase Expenses
Property price
300,000€
Transfer tax 8%
24,000€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.