L'Alcúdia de Crespins, Valencia 46690 0.21 Acres of Commercial Land Offered at $348,270

Urban plot of 834 m² located on Calle Colón, right in the center of L’Alcúdia de Crespins (Valencia). It is classified as consolidated urban land under the ENS-18 ordinance, allowing for the construction of a ground floor plus three additional stories. The estimated buildable area is approximately 2,835 m² above ground, with 100% occupancy on the ground floor and 80% on the upper floors. The plot has a very competitive cost, around €150/m² of buildable area, making it an excellent opportunity to develop a multi-family building with a commercial space on the ground floor. It is surrounded by residential properties, banks, shops, and services, and is just a 5-minute walk from the Cercanías train station (line C2 to Valencia). Ideal for developers seeking a prime location, significant buildable volume, and reasonable profit margins. SALE PRICE: €300,000. Taxes and fees not included in the price. The purchase entails taxes and formalization costs for the buyer. As a general guideline, it is noted that for second transfers, the Property Transfer Tax (ITP) in Valencia is generally 10%, although other tax rates may apply depending on the buyer's personal circumstances or other legally established conditions. The taxable base for the tax is the highest value among the sale price, the appraisal, or the cadastral reference value. Regarding notary and registry fees, these typically range between approximately 1.5% and 2.5% (variable fees depending on price, number of copies, and complexity). The buyer selects the notary. If the buyer requires a mortgage: appraisal, conditions, and banking costs will depend on the financial institution chosen by the buyer, as well as management fees and any other expenses inherent to the formalization of the purchase that legally correspond to the buyer, unless expressly agreed otherwise with the seller. Real estate brokerage fees are payable by the BUYER: (3% of the final sale price plus VAT (21%), unless otherwise agreed); and by the SELLER (as per agreement with them). Consumers are informed that the agency acts as a real estate intermediary in the transaction, and any potential sale and its conditions are subject to the express acceptance of the property owner-seller and the subsequent formalization of the corresponding contract.