Land for sale in El Madroñal, Málaga, Spain

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Ref: R3678959

Property marketed by Mibro International Properties

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Two adjacent plots with projects in the prestigious El Madronal urbanisation. The both projects are for very contemporary style villas with cutting edge design set in the wonderful countryside of El Madronal with both having views to the sea.

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Property Features

0 bedrooms
0 bathrooms
11,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

136,500€

Final Payment of 90% on completion

1,255,500€

Property Purchase Expenses

Property price

1,395,000€

Transfer tax 10%

139,500€

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:

1,395,000€

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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Land for sale

El Madroñal, Málaga

1,395,000€
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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%.