Land for sale in Rafal, Alicante, Spain

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Ref: AG19MLSC7499176

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We present this great opportunity;~~Urban land with an approximate area of 890m2 located in the centre of Rafal close to everything~~It is ideal to build in it the house that you have always had in mind or even a business, since it has many possibilities, such as building 7 townhouses (there was a project already created) ~~It is located in a good area of the municipality, with all kinds of services and shops a few meters away, such as schools, supermarkets, pharmacies, banks or medical centre among many others .~~Do not hesitate to contact us, we will inform you of all the delighted details .~~A GREAT OPPORTUNITY THAT YOU CANNOT MISS!

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Property Features

0 bedrooms
0 bathrooms
890m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

25,500€

Final Payment of 90% on completion

256,500€

Property Purchase Expenses

Property price

285,000€

Transfer tax 8%

22,800€

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:

285,000€

Deposit:

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Interest Rate:

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* 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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.