Country House for sale in Torrevieja, Alicante, Spain

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Ref: AG19MLSC5329508

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Urban plot in Torrevieja.Plot area: 500 m².Buildable area: 900 m²Housing type: high-rise residential or single-family residential.The plot faces two streets and measures approximately 24 x 20 meters.Occupancy: 40% (200 m² per floor)Currently, the plot houses an old house of approximately 103 m² and two above-ground parking spaces.We have a trusted architect and construction company.Book your appointment now to view this property!

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

26,000€

Final Payment of 90% on completion

261,000€

Property Purchase Expenses

Property price

290,000€

Transfer tax 8%

23,200€

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:

290,000€

Deposit:

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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%.