Land for sale in Calahonda, Málaga, Spain

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Ref: 858452

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This land located in Sitio de Calahonda is an excellent opportunity for those interested in building a luxury villa in one of the most exclusive areas of the Costa del Sol. The plot has a total area of 819 m2 and is in a privileged location in a quiet and private street. It has an approved project, licenses and construction has already started so you do not have to wait or pay for everything that it takes to start from scratch.

The construction project of the villa includes a property with 4 bedrooms, 3 bathrooms and 2 toilets, with a storage room and a garage for 3 cars. The total constructed area will be 540 m2, including the basement, distributed by floors in 224 m2 of basement plus 143 m2 on each of the floors, plus terraces, the design of the villa will be modern and elegant, with high quality finishes and a functional distribution.

The villa will have a large terrace and a private garden. Additionally, the property will be located near golf courses, restaurants, shops and other services.

Plot, Quiet, Facing: North, South, East and West
Features Fenced Plot, Investment Property, With building project.

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Property Features

0 bedrooms
0 bathrooms
819m² Plot size
quiet location
with project to construct
sea views

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

42,000€

Final Payment of 90% on completion

405,000€

Property Purchase Expenses

Property price

450,000€

Transfer tax 10%

45,000€

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:

450,000€

Deposit:

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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.

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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%.