Land for sale in Orihuela, Alicante, Spain

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Ref: AG19MLSC328710

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Discover this exceptional resort in the Sierra de Hurchillo mountains, located in a privileged rural area encompassing an extensive 12,000 square meter plot. The property features a main house with three bedrooms and three bathrooms, ideal for adapting to your needs or converting into holiday accommodation. It also includes a spacious 250 m² restaurant with its own terrace of the same size, offering multiple possibilities such as its conversion into residential use. The location is perfect: surrounded by mountains with off-road access and breathtaking views of the La Pedrera Reservoir. Additional facilities include horse stables and three apartments for rent, further enhancing the property's profitability potential. Don't miss this unique opportunity in the real estate market, where nature, comfort, and investment come together. Contact us for more information.

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Property Features

0 bedrooms
0 bathrooms
12,000m² Plot size
Barbeque

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

34,500€

Final Payment of 90% on completion

337,500€

Property Purchase Expenses

Property price

375,000€

Transfer tax 8%

30,000€

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:

375,000€

Deposit:

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Interest Rate:

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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.

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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%.