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Ref: 428-01151P
Property marketed by Selection Med
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These 4 plots are located in the hills of Torreblanca in Fuengirola. Torreblanca is located in the area of Fuengirola on the Costa del Sol. Fuengirola is a popular area on the coast due to its close proximity to the airport, it has very good transport system including the train that goes from the city centre to Malaga centre as well as buses that can take you toward mijas and the rest of the costa del sol. Torreblanca is in the hills of fuengirola, you have beautiful views, short drive to the beach where you will amenities to enjoy all year round.
These 4 plots are south facing plots with spectacular views. The plots themselves are inclined and offer views over the sea, bay of fuengirola and mountains. All 4 plots together total approximately 1500 sqm and you can build up to 40%.
These 4 plots are south facing plots with spectacular views. The plots themselves are inclined and offer views over the sea, bay of fuengirola and mountains. All 4 plots together total approximately 1500 sqm and you can build up to 40%.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,500m² Plot size
- Sea view
- Mountain view
- Partial sea views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
37,000€
Final Payment of 90% on completion
360,000€
Property Purchase Expenses
Property price
400,000€
Transfer tax 10%
40,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.