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Ref: PL313
Property marketed by Inland Andalucia

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This 7,532 m2 plot of land is situated in the heart of El Palmar in Vejer de la Frontera, in the province of Cadiz in Andalucia, Spain, just 1,000 m from the beach and a few meters from the well-known El Palmar Campsite, a highly sought after area for national and international tourists. This land is suitable for developing accommodation projects such as campsites, campsites for motorhomes, and other types of natural accommodation. Currently used as arable land, it has a flat topography and rectangular geometry. This rural area dedicated to agriculture and livestock farming has developed over the last two decades as a prime tourist destination due to its wide beaches, gastronomy, and hotel offerings. It is also a must visit destination for surf lovers. It offers a wide variety of dining and leisure options, as well as supermarkets, a pharmacy, a fishmonger, and a local butcher. There are numerous surf schools, markets, and musical performances that have been extended to all seasons of the year. Vejer de la Frontera City Council is currently developing Urban Development Plans for its orderly development.
Property Features
- 0 bedrooms
- 0 bathrooms
- 7,532m² Plot size
- Close to Amenities
- Ideal for Country Lovers
- Investment Property
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,000€
Final Payment of 90% on completion
450,000€
Property Purchase Expenses
Property price
500,000€
Transfer tax 10%
50,000€
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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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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