Land for sale in Los Perez (Ayuntamiento Almoradi/Torrevieja), Alicante, Spain

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Ref: AG19MLSC8761029

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Prime Urban Development Plot in Valencia – High Growth Investment PotentialAn exceptional opportunity to acquire aStrategic Development Opportunity in Valencia CityPrime Urban Development Plot in Valencia – High Growth Investment PotentialAn exceptional opportunity to acquire a strategic urban development package in one of the fastest-growing real estate markets in Spain — Valencia.This exclusive investment consists of two urban plots located in a highly strategic enclave within Valencia City, offering outstanding development potential for residential, mixed-use, or premium investment projects.Property Highlights Plot 1Urban plot with frontage on three streets Plot size: 1,022 m² Total buildable area: approx. 6,419 m² Plot 2Existing building for demolition and redevelopment Urban plot with frontage on two streets Plot size: 285 m² Total buildable area: approx. 2,507 m² Total Development PotentialApprox. 8,926 m² of buildable space.This project presents an ideal opportunity for:Developers Construction groups Family offices Investment funds Joint venture investor groups Build-to-sell or build-to-rent strategies Why Valencia?Valencia has become one of Europe’s most attractive real estate investment destinations thanks to:Strong and continuous property value growth High international demand Limited supply of new developments Growing luxury and premium housing sector Excellent rental profitability Strong economic and urban expansion The city continues to attract both international investors and end-users seeking premium lifestyle properties in a Mediterranean capital with exceptional quality of life.Investment Potential This development offers the possibility to create:Luxury apartments Premium penthouses Mixed-use residential buildings Commercial spaces Rooftop amenities Parking and lifestyle facilitiesDepending on the final concept and positioning, the projected sales value of the completed development may represent a highly attractive return on investment. -

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,037,770€

Final Payment of 90% on completion

9,366,930€

Property Purchase Expenses

Property price

10,407,700€

Transfer tax 8%

832,616€

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:

10,407,700€

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* 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%.