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Ref: SD31-51918
Property marketed by NERJA BEACH PROPERTIES
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Spacious residence in the heart of Nerja, with a generous extension of 280 m2, just 2 minutes from the Balcón de Europa and the emblematic beaches of the town. This house, with potential to renovate or demolish, stands as a unique opportunity on the sought-after Calle Granada. Its central location makes it an ideal choice for investment, offering the possibility of converting it into an exclusive hostel or elegant apartments. With its generous space and proximity to Nerja's main attractions, this property presents itself as a gem for those looking to make the most of the charm of this picturesque destination.
Property Features
- 6 bedrooms
- 2 bathrooms
- 280m² Build size
- 280m² Plot size
- Private patio
- Terrace/balcony
- Washing machine
- Built-in kitchen
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
86,000€
Final Payment of 90% on completion
801,000€
Property Purchase Expenses
Property price
890,000€
Transfer tax 10%
89,000€
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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