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Ref: M300594
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Attention, Developers - What an Opportunity! Property for sale in a prime location in Guardamar, offering many advantages for building a modern residential project with stunning views. This corner plot with a house has facades on three streets and dimensions of 11 by 21 meters. It allows for the construction of two apartments per floor of approximately 100-110 m² each, plus two setback penthouses. The buildable area of ground floor + 2 floors + attic offers great flexibility to design a functional and comfortable building. Its central location, close to all amenities and just 2 minutes from Reyes Católicos school, makes it very convenient for living or investment. The housing cost ratio of around €43,000 per unit is also an important factor for evaluating the investment. Additionally, the plot allows up to eight units with views over the park and the Vega Baja valley, in a quiet, elevated area - ideal for those seeking peace, quality of life, and panoramic views. Proximity to the historic center and no need for underground parking add extra convenience and value. Would you like help exploring purchase, investment, or development options for this property? Prices do not include taxes or administrative costs. The information provided may be subject to change; therefore, the photographic and written advertisement is not legally binding.
Property Features
- 3 bedrooms
- 2 bathrooms
- 235m² Build size
- 235m² Plot size
- Garden
- Near bus route
- Double Bedrooms: 3
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 8%
28,000€
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.