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Ref: EFML8522D
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Denia, Country house on URBAN land, divided and with different entrances but with the option of unifying and making several apartments or independent homes as it is located on urban land. Or run as a restaurant or make an enormous family home. The construction according to the cadastre of the houses is 761m2, it has a warehouse of 134m2.It needs to be renovated and an investment made, but the opportunity is unique in Denia and has enormous potential. It has a private parking area for many cars.The property is surrounded by a plot that has 3500m2 with fruit trees and open views of the Montgó and various orientations.Unique opportunity!
Property Features
- 6 bedrooms
- 2 bathrooms
- 748m² Build size
- 3,500m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
117,000€
Final Payment of 90% on completion
1,080,000€
Property Purchase Expenses
Property price
1,200,000€
Transfer tax 8%
96,000€
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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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.