Land for sale in El Paraiso, Málaga, Spain

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Ref: R3847054

Property marketed by Mibro International Properties

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One of the last residencial plots located in the very popular El Paraiso Alto, situated in an elevated position with good sea and mountain views. Plans for one villa to be built with the possibility of 2 .

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Property Features

0 bedrooms
0 bathrooms
2,023m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

92,000€

Final Payment of 90% on completion

855,000€

Property Purchase Expenses

Property price

950,000€

Transfer tax 10%

95,000€

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:

950,000€

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%.