Land for sale

Land for sale

Torre del Rico, Alicante
49,950
 
1 / 0

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Ref: BM8675
Property marketed by InlandVillas Spain
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We are proud to present this very special building plot, just a walk away from the small town of Torre Del Rico, and 10 minutes drive from the sought after Town of Pinoso. With water close by to connect, and plot is ready to start construction.

This sale is composed of two separate plots of 15,000m2 and 28,000m2 with a total area of 43,000m2.

The plots are separated on the Deeds and can be used to build two separate houses with garages and Pools, or can be kept together and used to build a large house with plenty of scope for many extra outbuildings, Pool, garage guest house etc.

The build size available is as follows:

15,000m2 Plot – 300m2 Build

28,000m2 Plot – 560m2 Build

Both Plots 43,000m2 – 860m2 Build

The location of these plots is stunning, surrounded by Mountain views and with no other properties in the area, a place of peace and beauty. Mains water is close and can be connected, and Solar will be needed for electricity.

The plots have been assessed and are ready for construction, waiting for someone to build their dream home here is the Spanish countryside.

These plots are within a 50min drive to Alicante airport, city and beaches, however they are just over the Alicante – Murcia border, so tax on this plot is lower than Alicante tax of 10% and is set at 8%.

Pinoso (El Pinós) is one of Spain’s richest towns, with a marble mine, thriving footwear industry, salt deposits and a booming wine and agriculture industry. The town sits located in the mountainous countryside of the Alicante wine region, 45-50 minutes drive to Alicante airport, city and beaches and close to the border of Murcia.

 

Pinoso has all the amenities you need: Supermarkets such as Consum, Dia, Mas y Mas and Hiperber, a wide range of restaurants including Irish and Indian and bars (50+), a 24hr medical centre, English speaking dentists, veterinary, a weekly market on Saturday and indoor market open 6 days a week. Pinoso has 3 primary schools, a high school and a music school. There is also a new cultural centre which houses a library and Spanish classes open to foreigners.

 

Throughout the year Pinoso has its traditional Spanish Fiestas with parades and musical performances which are renowned around the country, bonfires with a magic feeling and were people go out on the streets. There is also an annual running of the bulls (the bulls are not harmed!) which draws crowds from around the region to watch the brave participants join the bulls in the special arena.

Please do not miss this fantastic opportunity for two building plots in a quiet location.

Call us to schedule a visit, we can also help with building your new home from start to key ready.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 43,000m² Plot size
  • Swimming Pool
  • Mains water
  • Walking Distance To Town
  • Pool: Yes

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,995€
Final Payment of 90% on completion
44,955€
 
Property Purchase Expenses
Property price
49,950€
Transfer tax 8%
3,996€
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:
49,950€
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Interest Rate:
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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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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