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Property marketed by The Property Group
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Excellent opportunity to acquire a 250 m² private plot with a 4x8 pool in the sought-after area of San Miguel de Salinas The plot also includes a converted garage currently used as a studio with extra storage space to the side, offering plenty of possibilities for personal use It features a private driveway with space for up to two cars and provides a sunny, secure, and private setting to enjoy the Mediterranean lifestyle The location is ideal, with schools nearby and just a 10-minute drive to Torrevieja, as well as easy access to Orihuela Costa's beaches, golf courses, and all essential services
Property Features
- 1 bedroom
- 1 bathroom
- 52m² Build size
- 225m² Plot size
- Shops: 3 Minutes
- Near schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,500€
Final Payment of 90% on completion
94,500€
Property Purchase Expenses
Property price
105,000€
Transfer tax 8%
8,400€
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.