4 bedroom Other for sale in Sax, Alicante, Spain

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Ref: EIV4871A

Property marketed by España Dream Properties

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Reformation project/land in SaxWe offer for sale, this well located house. With access directly to the countryside only 300m from the house, and easy walking to the centre of Sax, this is a great location. The road has plenty of parking on it, and there is mains services on the street (water, electricity and sewerage).There are two options for the house, in our opinion. It could be reformed, with the roof replaced, the house would be dry and in a condition to reform. Alternatively, it may be cost effective to remove the existing building and replace it with a new build. One side is three storey, and the other two storey, so we feel it would make a great family home, or for an investor, a small block of apartments could be possible.Contact us to arrange a viewing.

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Property Features

4 bedrooms
1 bathroom
81m² Build size
86m² Plot size
Pool: No
walking distance to town
Walking Distance - Restaurant / Bar
Mains Water
Mains Sewerage
Mains Electric
Fast Internet & Phone
Fireplace
Solarium
Not furnished

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

2,000€

Final Payment of 90% on completion

44,996€

Property Purchase Expenses

Property price

49,995€

Transfer tax 8%

4,000€

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.

Mortgage Calculator

Mortgage Amount:

49,995€

Deposit:

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* 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%.