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Fantastic elevated and wonderful building plot of 6000 m2 with lovely open sea views of the Mediterranean and within walking distance to Mijas Pueblo. A fabulous opportunity to acquire this site in a very sought-after location. Possible to build a new promotion / for the construction of 12 new townhouses with communal swimming pool. And on the bus route!
Property Features
- 0 bedrooms
- 0 bathrooms
- 6,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
142,000€
Final Payment of 90% on completion
1,305,000€
Property Purchase Expenses
Property price
1,450,000€
Transfer tax 10%
145,000€
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.