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Ref: OPGA135
Property marketed by OP Group Spain
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We present this single-story house located in the town of El Altet. Originally a three-bedroom home with a bathroom, living-dining room, kitchen, garage, and patio, it was purchased to be remodeled and reconfigured. Today, it's a blank canvas for its new owner to finish and customize to their liking. The house is currently an open-plan space, requiring a complete renovation. It has access to a rooftop terrace with the possibility of expansion. The house has electricity and water service, but a connection to the sewer system must be requested. There is also the possibility of building a swimming pool.
The town of El Altet has a population of 6,355. Within its municipal boundaries are located Alicante-Elche Airport and El Altet Beach, which has been awarded the Blue Flag. It is situated 8 km from the provincial capital and 15 km from the city center of Elche. The town center of El Altet is bisected by the old N-332 Alicante-Cartagena highway, just one kilometer from the Mediterranean coast. El Altet boasts two beaches: El Altet Beach, located 1 km from the town center, is a 2 km stretch of coastline parallel to a unique dune system.
If you enjoy projects, this property is ideal for you.
The town of El Altet has a population of 6,355. Within its municipal boundaries are located Alicante-Elche Airport and El Altet Beach, which has been awarded the Blue Flag. It is situated 8 km from the provincial capital and 15 km from the city center of Elche. The town center of El Altet is bisected by the old N-332 Alicante-Cartagena highway, just one kilometer from the Mediterranean coast. El Altet boasts two beaches: El Altet Beach, located 1 km from the town center, is a 2 km stretch of coastline parallel to a unique dune system.
If you enjoy projects, this property is ideal for you.
Property Features
- 0 bedrooms
- 0 bathrooms
- 105m² Build size
- 244m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,900€
Final Payment of 90% on completion
206,100€
Property Purchase Expenses
Property price
229,000€
Transfer tax 8%
18,320€
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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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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