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Plot: 4,124m²
Max Build: 600m² plus basement and terraces
Large elevated plot with panoramic mountain views. Close to beach (2.5km), great restaurants, supermarkets, hospital, schools etc. La Panera 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 to start building as soon as the license is granted
The Atlas American School of Malaga, situated next to the Russian Orthodox Church, is going from strength to strength. It has a capacity of 700 students and is accelerating demand for high quality real estate in the area.
Our immediate neighbours, the large national developer, Aedas are constructing a large number of luxury apartments at a rapid pace. One of their brands, Libella is selling in the range of €660,000 to €1,300,000. Another, Australy Aures, is about to be marketed as a top end luxury development of apartments and is likely to be significantly higher in price.
Construction has started of more luxury apartments by leading national developers, Azata.
This is in addition to the extremely successful Vanian Gardens, located directly behind Atlas American School of Malaga. Vanian Hills, with its panoramic sea views and high quality, is also in construction.
We understand that all of the developments are selling strongly and many are sold out.
All together there are more than 15 cranes operating in the area and more to come shortly.
Hospiten, our local private hospital, is expanding by doubling it’s size.
There is provision for a small shopping centre opposite the entrance to Selwo, which is celebrating its 25th anniversary this year. No date has yet been announced for this.
Starlite Music World will be built to the west of the Russian Orthodox Church. Apart from an auditorium, there will be a hotel of 200 rooms as well as recording studios, film facilities, restaurants and a lake. This is reported to have a development cost of €286 million.
The total investment in the immediate area exceeds €700 million.
A new paddle tennis club is under construction, consisting of 11 courts as well as a spa and restaurant.
The area is already well served by great up-market restaurants and beach bars such as Bossa and Sonora Beach, supermarkets such as Mercadona, Aldi, Lidl and Carrefour and several petrol stations.
La Resina is a consolidated area. While we enjoy all of these benefits we still retain our rural atmosphere.
Property Features
- 0 bedrooms
- 0 bathrooms
- 600m² Build size
- 2,537m² Plot size
- Urbanisation
- Close To Sea
- West
- North West
- Excellent
- Private Pool
- Mountain
- Panoramic
- Country
- Fiber Optic
- Electricity
- Drinkable Water
- Telephone
- Investment
- Luxury
- With Planning Permission
Costing Breakdown
* 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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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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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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