Land for sale

Land for sale

Pinoso, Alicante
49,500
 
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
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Ref: IZI-18288
Property marketed by Stratus International Properties Stratus International Properties
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Beautiful plot of 11,321 m², planted with almond trees. This plot meets one of the key requirements for obtaining building permission: a minimum plot size of 10,000 m².

The land is fully located within the so-called “Patricova zone,” which means it is in an area classified by the authorities as potentially prone to flooding.
However, nearly all plots in this area have the same classification, and several houses have already been built. This is because the Patricova designation does not automatically mean that the entire plot is at real risk of flooding.

To obtain a building licence, an architect can carry out an “estudio de inundabilidad” (flood risk study). This study assesses any possible water flow or mild run-off areas on the land.
With this information, the municipality can be shown which parts of the plot are safe for construction.

Thanks to these studies, other new-build homes in the area have already been approved and built.

The location is peaceful and offers stunning 360-degree views of the mountains and surrounding landscape.

Water and electricity connections are available in the area, although it is advisable to have this confirmed in advance by the relevant providers.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 11,321m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,950€
Final Payment of 90% on completion
44,550€
 
Property Purchase Expenses
Property price
49,500€
Transfer tax 8%
3,960€
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:
49,500€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* 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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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