Project Land for sale in El Campello, Valencia
Situated in a consolidated area with houses either side, as well as the streets which run either side of the plot lead to cul-de-sacs, thus there is no through traffic which means the area where the plots are located is very peaceful.
A substantial detached villa of two floors plus basement, solarium and swimming pool can be built on this property and can be located and designed to make the most of the sea and mountain views.
This area is an excellent investment and future growth and investment in the area is planned.
There is a bus and tra...
Situated in a consolidated area with houses either side, as well as the streets which run either side of the plot lead to cul-de-sacs, thus there is no through traffic which means the area where the plots are located is very peaceful.
A substantial detached villa of two floors plus basement, solarium and swimming pool can be built on this property and can be located and designed to make the most of the sea and mountain views.
This area is an excellent investment and future growth and investment in the area is planned.
There is a bus and tram service in the area and some shops and restaurants as well as two hotel/apartment resorts.
There is a wonderful sandy cove Cala Lanuza and another cove also in the area.
This location enjoys modern urban planning with wide streets, street lighting, pavements and the usual municipal services.
Only 10 minutes by car to El Campello centre with all its amenities. 5 minutes by car to the motorway connection to AP7, 20 minutes to Alicante city and 15 minutes to the local golf course at Bonalba. Yacht marina 10 minutes away and Airport just 35 minutes away by car.
Good sized plot in popular area.
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This Land is located in El Campello in Spain
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Buying a Property in Spain
1. Putting down a Holding Deposit
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.
2. Setting up a Pre-agreement (Contrato privado de compraventa)
The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.
3. The Contract (Escritura de compraventa)
Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.