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Luxury plot of land in La Panera with beautiful views to the sea, Gibraltar and Africa. Close to beach, great restaurants, supermarkets, hospital, schools etc. La Panera on the New Golden Mile in Estepona is a beautiful and peaceful area but only 10 to 12 minutes from Puerto Banus. High quality urbanisation with luxury villas. The plot is 2,255 m² on which one can build a villa of up to 500m² plus basement and porches. All services are in place.
Property Features
- 0 bedrooms
- 0 bathrooms
- 500m² Build size
- 2,255m² Plot size
Costing Breakdown
* 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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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.
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.