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LEGALITY AND BUILDING POTENTIAL:
With over 25,000m², this plot significantly exceeds the minimum requirement of 10,000m² typically needed to apply for a building permit for a single residential dwelling in rural Alicante (subject to local planning approval).
UTILITIES:
Water: Mains water is at the property, which is a major advantage for rural land.
Electricity: There is no mains electricity available. This makes the plot an ideal candidate for a modern, self-sufficient solar energy system.
THE SURROUNDINGS:
The land is characterized by its natural, partly forested terrain, offering a genuine Mediterranean landscape. It is the perfect blank canvas for an eco-friendly estate, an agricultural project, or a private retreat far from the noise of the city.
Property Features
- 0 bedrooms
- 0 bathrooms
- close to restaurants
Costing Breakdown
* 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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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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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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