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Ref: SI1018
Property marketed by Sunshine Immo
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In one of the most famous areas of Coin “Sierra Gorda“ we offer you a really amazing building plot of 6.950m2 ideal for an hotel.
This amazing plot has an permission to build 25% which is good for 1.737m2 built on 2 floors.
Coin sits on the northern foot of the Sierra de Mijas, inland Málaga, overlooking the spectacular Guadalhorce valley, one of the most fertile areas in southern Spain, where the beautiful landscape is covered in orchards and farmland and affords beautiful mountain views.
The town itself has grown in popularity and has become a destination for foreign residents, wanting to live in a more authentic Andalucian environment. The town offers good shopping, dining and leisure facilities and is located just 20 minutes drive from the coastal town of Marbella. Coin offers an escape from the typical Costa del Sol seaside resort and is a good jump off point to see other areas of inland Andalusia.
This amazing plot has an permission to build 25% which is good for 1.737m2 built on 2 floors.
Coin sits on the northern foot of the Sierra de Mijas, inland Málaga, overlooking the spectacular Guadalhorce valley, one of the most fertile areas in southern Spain, where the beautiful landscape is covered in orchards and farmland and affords beautiful mountain views.
The town itself has grown in popularity and has become a destination for foreign residents, wanting to live in a more authentic Andalucian environment. The town offers good shopping, dining and leisure facilities and is located just 20 minutes drive from the coastal town of Marbella. Coin offers an escape from the typical Costa del Sol seaside resort and is a good jump off point to see other areas of inland Andalusia.
Property Features
- View Virtual Tour
- 0 bedrooms
- 0 bathrooms
- 1,737m² Build size
- 6,950m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
157,000€
Final Payment of 90% on completion
1,440,000€
Property Purchase Expenses
Property price
1,600,000€
Transfer tax 10%
160,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* 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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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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