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This spacious plot of 1156 m² offers excellent opportunities for the realization of your dream home in Ubeda, located in the province of Alicante. The flat terrain lends itself perfectly to various building plans and architectural concepts. The location combines the tranquility of the Spanish interior with good accessibility to the coastal towns of the Costa Blanca. For € 35.000 you acquire a solid investment in an area known for its authentic character and growing popularity among international buyers looking for their own place under the Spanish sun.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,156m² Plot size
- Garden
- Pool: No
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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* 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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.