Apartment for sale in Orba, Alicante, Spain

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Ref: EFML6634T

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Plot located in the municipality of Orba located in a very quiet and sunny area near Denia. It is situated on agricultural land, green and humid, almost flat, with spectacular views of the orange valley, the mountains and the bottom sea line. This property, with an area of land of more than 20,000 m2, is a paradise for anyone who likes tranquility. It has automated water service and the light is relatively close. On the plot it is possible to build a house by measuring more than 10,000 m2.

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

13,000€

Final Payment of 90% on completion

144,000€

Property Purchase Expenses

Property price

160,000€

Transfer tax 8%

12,800€

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:

160,000€

Deposit:

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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.

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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%.