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The plot has 864 m2 of rustic area in urban transition, making it a strategic investment opportunity. There is a forecast of reconversion to industrial use, which represents a medium-term revaluation potential given the high demand for land for logistics and commercial activities on the island.
It currently has a legal house of 43 m2, with 2 bedrooms and 1 bathroom, plus a storage room of 9 m2, private swimming pool (2×5 m) and garage. The house is habitable and allows immediate use while developing the urban future of the area.
An ideal investment for those looking for assets with profitability projection, in a strategic location and easy access.
Property Features
- 2 bedrooms
- 1 bathroom
- 43m² Build size
- 864m² Plot size
- Swimming Pool
- East orientation
- Private garage
- Private garden
- Private pool
- Amenities near
- Transport near
- Utility room
- Private terrace
- Garden view
- Street view
- Unfurnished
- Good condition
- Renovation Needed
- Urban view
- Close to shops
- Close to town
- Close to schools
- Close to restaurants
Costing Breakdown
* 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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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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