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For sale: Large building plot of 937 m2 in the heart of Torrevieja The plot offers fantastic opportunities to build your dream home or an investment projectTorrevieja is known for its pleasant climate, beautiful beaches and scenic surroundings The area has a charming environment with lots of life all year round, cozy cafes, restaurants and shops nearbyThis plot has a unique location close to the motorway, which provides easy access to both the city and the surrounding areas Within walking distance are all necessary facilities such as supermarkets, schools and sports activitiesThe plot has breathtaking views of both the city, the mountains and the lake, creating a rare combination of tranquility and convenience Here there is room for both privacy and nature experiences close to the vibrant city lifeThe plot can be purchased in 3 ways:1 As the plot as it is, but with all preparations made to demolish the old building, demolition permit and all soil tests: Price €330,0002, Same as 1, but also with the existing building demolished, so the plot is ready to start a new construction of your own dream: Price €360,000Sold by DK Til Spanien – contact us for more information or a viewing
Property Features
- 0 bedrooms
- 0 bathrooms
- 937m² Plot size
- Laundry Room
- Near amenities
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,000€
Final Payment of 90% on completion
297,000€
Property Purchase Expenses
Property price
330,000€
Transfer tax 8%
26,400€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.