Apartment for sale in Altea, Alicante, Spain

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Ref: EFML4150B

Property marketed by España Dream Properties

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1400m2 corner plot with panoramic views for sale in Altea, complete with a licenced project to build a 307m2 modern villa. The plot is located in a residential neighbourhood just a short drive to the beaches, restaurants and shops along the coast road to Altea old town and Albir, and also close to the tennis courts and golf course.The project is for a four bedroom, three bathroom villa to be built over three floors and include open plan living area, utility room, gymnasium, barbecue terrace, infinity pool and double garage. The licence has been granted by the town hall so you can start work straight away.For further information please do not hesitate to contact us.

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Property Features

0 bedrooms
0 bathrooms
Panoramic views
south

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

27,000€

Final Payment of 90% on completion

270,000€

Property Purchase Expenses

Property price

300,000€

Transfer tax 8%

24,000€

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.

Mortgage Calculator

Mortgage Amount:

300,000€

Deposit:

€

Interest Rate:

Period:

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.

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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%.