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Ref: R4574830
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Perfect investment opportunity in Arroyo de la miel!
The chance to invest in a complected building close to all amenities in this busy town close to the AP7 giving it excellent access to Malaga city and the airport.
Currently the building consists on ground floor parking of 223m2 and entrance hallway the first floor has 2 large apartments of 96m2 and 89m2 the internal wall have not been installed currently so the owner can make changes to the original plans. The second floor again has 2 large apartments again of 96m2 and 89m2 on this floor the internal walls are in place but again changes can be made.
On the top floor is a large roof terrace and plunge pool , this terrace could be closed to make penthouse if required.
The building has lots of opportunities and is constructed with good quality materials including Climalit windows and security doors, a 4 person lift takes you to all floors.
The chance to invest in a complected building close to all amenities in this busy town close to the AP7 giving it excellent access to Malaga city and the airport.
Currently the building consists on ground floor parking of 223m2 and entrance hallway the first floor has 2 large apartments of 96m2 and 89m2 the internal wall have not been installed currently so the owner can make changes to the original plans. The second floor again has 2 large apartments again of 96m2 and 89m2 on this floor the internal walls are in place but again changes can be made.
On the top floor is a large roof terrace and plunge pool , this terrace could be closed to make penthouse if required.
The building has lots of opportunities and is constructed with good quality materials including Climalit windows and security doors, a 4 person lift takes you to all floors.
Property Features
- 4 bedrooms
- 1 bathroom
- 655m² Build size
- Swimming Pool
- good condition
- close to town
- close to shops
- bottled gas
- electricity
- water
- telephone
- terrace
- covered terrace
- garage
- parking
- underground parking
- private pool
- lift
- fitted wardrobes
- unfurnished
- disabled access
- basement
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
65,000€
Final Payment of 90% on completion
612,000€
Property Purchase Expenses
Property price
680,000€
Transfer tax 10%
68,000€
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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