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Land for sale in Benisa, Spain

Land for sale in Benisa, Spain - photo 1
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Land for sale in Benisa, Spain - photo 8
Land for sale in Benisa, Spain - photo 9
Price€210,000
TypeLand
Land area18000 m²
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Description

18,000 square metre plot of land for sale in the area of Canor, Benissa in the Costa Blanca. The plot is flat, has south orientation and lovely open views across the surrounding countryside.
The plot is completely fenced, there is mains water and electricity and a telephone connection available, and in addition there is water well on the land which provides sufficient water for the land and a future property. It is possible to construct a family dwelling over 2 levels plus basement with the plot.
Distances:
A7 motorway: 1.6km
Benissa: 2.2km
Teulada: 2.7km
Moraira: 9km

Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Interest Rate
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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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