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Ref: PL278
Property marketed by Inland Andalucia
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This 12,823m2 plot is not far from the historic town of Alcaudete, in the Jaen province of Andalucia, Spain. If olive farming is your thing this could be just what you are looking for. It has good access and the land is relatively flat with approximately 280 productive, mature olive trees.
Property Features
- 0 bedrooms
- 0 bathrooms
- 12,823m² Plot size
- Fruit Trees
- Off Road Parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
63,000€
Property Purchase Expenses
Property price
70,000€
Transfer tax 10%
7,000€
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.
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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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