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Ref: EFML6722X
Property marketed by España Dream Properties

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This is the ideal buy for someone who wants to do some serious farming! The land is currently used for olives and cereal crops, but would lend itself to any form of agriculture or livestock. As a bonus, it enjoys some of the most beautiful views you could wish for. On the property there is a small house with an open plan living/kitchen area with open fire and a shower room, with one very large bedroom upstairs. Given the size of the land it should be possible to extend the current property with the appropriate licences. Certainly, stables andd agricultural buildings would not be a problem. There is an original stone corn thrashing floor near the house and 2 wells, one of ancient stones and the other more recent, with a plentiful water supply. The property has 2 escrituras, so it could be segregated if the new owner does not want/need all the land. The house also has a 1st occupation licence, so no problems if a mortgage is needed. ref:APN6274
Property Features
- 1 bedroom
- 1 bathroom
- 55m² Build size
- 47,000m² Plot size
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,990€
Final Payment of 90% on completion
125,910€
Property Purchase Expenses
Property price
139,900€
Transfer tax 10%
13,990€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.