Land for sale in Formentera de Segura

Ref: M13884 €50,000 ~ £44,592 *

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Description…

Here we have an excellent opportunity to purchase a 550sqm plot in the attractive and much sough-after residential area of Fincas De La Vega - Formentera Del Segura. The plot boasts a corner aspect and has great access from the road. The land is fully (Urbano) meaning that 1 residential dwelling can be built. The building regulations of Formentera townhall will allow for 1 residential property to be built with a maximum build size of some 163sqm with the addition of terraces and swimming pool etc. 

The plot is situated amongst a small residential estate FINCAS DE LA VEGA consisting of luxury detached properties, tree-lined roads, park areas, and a shared tennis court. The properties themselves are very modern but have been built with a rustic twist, giving them a 'Cottage/Finca' feel. 

Contact us for further information about DESIGN AND BUILD. 

The wonderful beaches of Guardamar Del Segura are just a 10 minute drive away and Alicante airport 30 minutes. 

Everything Overseas Property Guide

Mortgage calculator…

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Energy Certificate…

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Consumption: Grade G

  • Coastal property
  • Plot Size 550 m²
  • Mains Water
  • Mains Electric
  • Telephone Possible
  • Internet Possible

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Standard form of payment

  • Reservation deposit €3,000 (£2,675)
  • Remainder of deposit to 10% €2,000 (£1,784)
  • Final Payment of 90% on completion €45,000 (£40,132)

Property Purchase Expenses

  • Property price €50,000 (£44,592)
  • Transfer tax 10% €5,000 (£4,459)
  • Notary fees (approx) €600 (£535)
  • Land registry fees (approx) €600 (£535)
  • Legal fees (approx) €1,500 (£1,338)

* Prices quoted in Pounds are illustrative and should only be used as a guide.

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

Location…

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