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Large plot for luxury villa
Plot Size: 2.537 m²
Max Build: 475 m² plus basement and porches
Large plot with unobstructed panoramic, south-western sea view to Gibraltar and Morocco and mountains. Close to beach (2km), great restaurants, supermarkets, hospital, schools etc. On the New Golden Mile between San Pedro and Estepona is a beautiful and peaceful area, only 10 to 12 minutes from Puerto Banus. High quality urbanisation with luxury villas. All services are in place.
Plot, Close to the Sea
Views: Africa, Gibraltar, Mountains, Sea.
Plot Size: 2.537 m²
Max Build: 475 m² plus basement and porches
Large plot with unobstructed panoramic, south-western sea view to Gibraltar and Morocco and mountains. Close to beach (2km), great restaurants, supermarkets, hospital, schools etc. On the New Golden Mile between San Pedro and Estepona is a beautiful and peaceful area, only 10 to 12 minutes from Puerto Banus. High quality urbanisation with luxury villas. All services are in place.
Plot, Close to the Sea
Views: Africa, Gibraltar, Mountains, Sea.
Property Features
- 0 bedrooms
- 0 bathrooms
- 2,537m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
84,500€
Final Payment of 90% on completion
787,500€
Property Purchase Expenses
Property price
875,000€
Transfer tax 10%
87,500€
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.