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Property marketed by JMT Spanish Properties

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Magnificent PLOT of 21,000m2, comprises 3 buildings, is set in a quiet area with lovely views and accessed via an asphalt road with 300 olive trees.
1st house of 90m2, the 2nd house of 65m2 and a warehouse of 25m2, all three buildings require renovation and are connected to mains electricity and drinking water.
The 2 houses could be made totally independent with a total of 120m2 each or if the buildings that already exist were demolished each house could ne built to a total of 210m2.
Located 3 minutes drive from the city, 20 minutes to beach and Alicante Airport.
For further detailed information please do not hesitate to contact us regarding this property, or any other properties on our website www.suncountryhouseinspain.co.uk.
1st house of 90m2, the 2nd house of 65m2 and a warehouse of 25m2, all three buildings require renovation and are connected to mains electricity and drinking water.
The 2 houses could be made totally independent with a total of 120m2 each or if the buildings that already exist were demolished each house could ne built to a total of 210m2.
Located 3 minutes drive from the city, 20 minutes to beach and Alicante Airport.
For further detailed information please do not hesitate to contact us regarding this property, or any other properties on our website www.suncountryhouseinspain.co.uk.
Property Features
- 0 bedrooms
- 0 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,900€
Final Payment of 90% on completion
89,100€
Property Purchase Expenses
Property price
99,000€
Transfer tax 8%
7,920€
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%.
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.