Land for sale in Fuengirola, Málaga, Spain

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Ref: 428-01150P

Property marketed by Selection Med

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Do not miss out on the opportunity of this plot located in the hills of Torreblanca, Fuengirola. Torreblanca is located in the beautiful costa del sol, it is well located with easy access to the Malaga city centre and airport. It is also very close to the area of Mijas and Mijas costa. Fuengirola is a popular area to live all year round as well as a holiday destination, you have multiple international schools as well as local schools, shops and supermarkets. You also will find a range of international and local cuisine within the different sub areas. Torreblanca is on the hill of Fuengirola and is only a short distance to the beach and the train station.

This plot is located at the top of Torreblanca, from the plot itself you have an open view. The plot is sold with a licence where you can build approx 136,40 sqm over several floors. The plot is 340sqm in total.

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Property Features

0 bedrooms
0 bathrooms
136m² Build size
340m² Plot size
Transport near
Mountain view
Close to shops
Close to schools

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

13,000€

Final Payment of 90% on completion

144,000€

Property Purchase Expenses

Property price

160,000€

Transfer tax 10%

16,000€

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.

Mortgage Calculator

Mortgage Amount:

160,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.