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Ref: EFML9695Z
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Plot of land for sale in Lloseta MallorcaCan Visot Lloseta A plot of 34784m2 between Lloseta and Binissalem with views of the Sierra de Tramuntana. 14200m2 is required for construction in the region with plot above that range normally 1% is available for construction.Lloseta MallorcaSituated in the hills above the central plain of Mallorca. Lloseta is a small community which was the focus of the charcoal and coal mining industries of Mallorca. In resent years its focus is tourism, popular with cyclists and mountain walkers.
Property Features
- 0 bedrooms
- 0 bathrooms
- countryside views
- mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,000€
Final Payment of 90% on completion
297,000€
Property Purchase Expenses
Property price
330,000€
Transfer tax 10%
33,000€
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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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.