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Ref: CI00719/5292
Property marketed by CENTRAL INMOBILIARIA COLIA & CIRIANNI

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We are offering for sale this plot of land in one of the most prestigious residential areas of Granada, surrounded by some of the city’s most impressive villas. This is your opportunity to build the home you’ve always dreamed of in a strategic location, nestled in nature, with stunning views, yet just a 1-minute drive from Mercadona and all the services Otura has to offer—sports center, schools, health center, shops, and leisure options. It’s the perfect spot for those seeking peace and quiet without giving up proximity to the city and a spectacular setting.~~Cortijo de la Luz offers a well-established, safe, and family-friendly residential environment. Enjoy the tranquility of the natural surroundings while being only minutes from downtown Granada and the motorway access. Plus, with 500 m², you’ll have all the space you need to design and build a custom home—with a garden, pool, entertainment area… everything you’ve ever imagined for your family. Come see it and start building the life you deserve!~~If you'd like a more formal or commercial version, I can tailor it further. Let me know how you'd like to present it!
Property Features
- 0 bedrooms
- 0 bathrooms
- 500m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
63,000€
Property Purchase Expenses
Property price
70,000€
Transfer tax 10%
7,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.