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Spacious plot of 10,897 m² located in the peaceful area of Torremendo, close to the Embalse de la Pedrera The property is accessed via a dirt road directly connected to the CV-95 road, offering both convenience and privacyThis is a non-buildable (rustic) plot, ideal for agricultural use or investment The land has electricity connection near available, and neighbouring properties nearby, providing a balance between seclusion and a local community settingMurcia:In accordance with Article 201 of the TRLDCU, the property price will be increased by the following costs:Taxes payable by the buyerVAT (IVA) at the applicable rate of "10%" (Ley 37/1992 of 28 December, on Value Added Tax) and the Stamp Duty Tax 1,5% (AJD)Transfer tax (ITP) calculated on the higher value between the purchase price or cadastral reference value, ranging between "3% and 7,75%" depending on the buyer's conditions (Real Decreto Legislativo 1/1993 of 24 September, approving the revised text of the Law on Property Transfer Tax and Stamp Duty)Notary and Land RegistryThey are expenses subject to official tariffs, although the estimated cost for the notary may range between €600 and €1,000 for the notary and around 500eur for the registry (Real Decreto 1426/1989 of 17 November, approving the Notaries' Fee Tariff, and Real Decreto 1427/1989 of 17 November, approving the Property Registrars' Fee Tariff, respectively)Real estate agency feesIncluded in the purchase price In case of bank financingAny additional costs must be agreed with the financial institutionFinal price calculationPlease contact us to receive a personalized offer based on the buyer's individual circumstancesAlicante: In accordance with Article 201 of the TRLDCU, the property price will be increased by the following costs:Taxes payable by the buyerVAT (IVA) at the applicable rate of "10%" (Law 37/1992) and the Stamp Duty Tax 1,4% (AJD, 14% from 1st of June, 2026)Transfer tax (ITP) calculated on the higher value between the purchase price or cadastral reference value, ranging between "3% and 11%" depending on the buyer's conditions (Real Decreto Legislativo 1/1993 of 24 September, approving the revised text of the Law on Property Transfer Tax and Stamp Duty)Notary and Land RegistryThey are expenses subject to official tariffs, although the estimated cost for the notary may range between €600 and €1,000 for the notary and around 500eur for the registry (Real Decreto 1426/1989 of 17 November, approving the Notaries' Fee Tariff, and Real Decreto 1427/1989 of 17 November, approving the Property Registrars' Fee Tariff, respectively)Real estate agency feesIncluded in the purchase price In case of bank financingAny additional costs must be agreed with the financial institutionFinal price calculationPlease contact us to receive a personalized offer based on the buyer's individual circumstances
Property Features
- 0 bedrooms
- 0 bathrooms
- 11m² Plot size
- Countryside views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
Property Purchase Expenses
Property price
85,000€
Transfer tax 8%
6,800€
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:
85,000€
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.
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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.