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Great Opportunity in Lomas de Cabo Roig!If you're looking for a project with potential in one of the best areas of the Costa Blanca – this is your chance!This property in need of renovation in Lomas de Cabo Roig sits on a large 1,250?m² plot, offering endless possibilities to create the home of your dreamsA Natural OasisThe plot stands out for its lush vegetation, providing a private and natural setting – perfect for designing a spectacular garden, adding a swimming pool, or simply enjoying the peace of outdoor livingRenovation PotentialThe house requires a full renovation, allowing you to design every space to your liking Imagine a modern, bright, and functional layout tailored to your needs Ideal for those seeking a rewarding renovation project with great potentialPrime LocationLocated in Lomas de Cabo Roig, this property is in a quiet yet well-connected area, with easy access to amenities, restaurants, shops, and of course, the stunning beaches of the Costa BlancaA unique opportunity for investors or individuals ready to transform this property into a true gemDon't miss this opportunity! Contact us for more information or to schedule a visit
Property Features
- 4 bedrooms
- 2 bathrooms
- 170m² Build size
- 1,250m² Plot size
- Communal Pool
- BBQ
- Furnished
- Landscaping
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,997€
Final Payment of 90% on completion
314,972€
Property Purchase Expenses
Property price
349,969€
Transfer tax 8%
27,998€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.