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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!
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.
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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.