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Ref: EFML4835W
Property marketed by España Dream Properties

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Great investment property!Fantastic plot of 60,000 m² completely flat for sale. This plot is located in a natural paradise in the mountains of Villalonga, just 25 minutes from the sea. The property has very fertile soil and a water connection. Ideal for an ecological business such as growing fruit and vegetables, horse breeding or riding stables or even for a campsite. Subsidies for ecological business models with job creation are even possible after prior consultation with the responsible authorities. In the village of Villalonga, just 10 minutes drive away, there are all kinds of services. The larger towns of Gandia and Oliva with the motorway feeder and their fine sandy beaches are less than 20 km away.Characteristics:60,000 m² plot, totally flat, fertile soil, water connection
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 10%
15,000€
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.