Land for sale in Comares, Málaga, Spain

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Ref: PL290

Property marketed by Inland Andalucia

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This plot of 1,070 square meters is located in Llano Almendra, a hamlet in the municipality of Comares (the balcony of the Axarquia), in the province of Malaga, Andalucia, Spain. The property is in a quiet location surrounded by mountains and close to the river. Many years ago this land was owned by the same family and has been segregated between the heirs. The plot is completely fenced and has a part of the old cortijo within its boundaries which could be reformed or used as storage while a new property is being built. The plot is 8 km from Comares and 10 km from Riogordo where you can find all kinds of shops, bars, banks, schools and colleges. The price is negotiable and offers are awaited.

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Property Features

0 bedrooms
0 bathrooms
110m² Build size
1,161m² Plot size
Ideal for Country Lovers
Investment Property
On Street Parking
One Level
Parking Space
Patio
Renovation Needed
Spectacular views

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

6,000€

Final Payment of 90% on completion

81,000€

Property Purchase Expenses

Property price

90,000€

Transfer tax 10%

9,000€

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:

90,000€

Deposit:

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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%.