Land for sale in Velez Malaga, Málaga, Spain

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Ref: SD1F-52315

Property marketed by NERJA BEACH PROPERTIES

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Construction Opportunity in the Historic Center of Vélez-Málaga! Two plots are available for construction in the heart of the historic centre of Vélez-Málaga. With the possibility of building ground floor plus two floors (PB+2), these plots offer exceptional potential to develop residential or commercial projects in a prime location. Local regulations allow a buildable area of 78% for multi-family use and 82% for single-family or two-family use, of the total area of the plot, thanks to its consideration as an area of historical growth. These plots offer a unique opportunity to create multi-family homes, single-family or two-family residences, or even commercial spaces that make the most of the charm and history of Vélez-Málaga. Don't miss the opportunity to be part of the revitalization of this emblematic historic center. Contact us today for more details and to start turning your ideas into reality!

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

14,900€

Final Payment of 90% on completion

161,100€

Property Purchase Expenses

Property price

179,000€

Transfer tax 10%

17,900€

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.

Mortgage Calculator

Mortgage Amount:

179,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.