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Ref: 2312VRE/7103
Property marketed by VERUS REAL ESTATE
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Large 1807m2 plot at the foot of the beach in west Marbella This large plot is located on the third line of the beach, in Casasola - Guadalmina Baja, an exclusive and quiet residential neighborhood steps from the beach and next to the Guadalmina golf course. With a strategic location, the area has several of the best international schools in Marbella, restaurants, beach bars, banks, supermarkets and hospitals. With a flat topography, this is an ideal plot of land to build a contemporary villa with an innovative bespoke design and high quality finishes, with lovely sea views from the solarium. The plot has a buildable area of 30%.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,807m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
147,000€
Final Payment of 90% on completion
1,350,000€
Property Purchase Expenses
Property price
1,500,000€
Transfer tax 10%
150,000€
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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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.