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Ref: M270094
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Flat plot with project and building license to build a luxury villa situated in a convenient location in Nueva Andalucía, walking distance to all amenities and Puerto Banús. The plot is situated in a tranquil cul-de-sac with direct access to Centro Plaza and La Alzambra. The project has been conceived to build an exquisite 5-bedroom villa on three levels plus solarium (574 interior m2 + terraces). Versatile lower level with staff accommodation, games room and garage for 3 cars. Open views to La Concha Mountain.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,443m² Plot size
- Close To Sea
- Sea View
- Setting - Close To Shops
- Setting - Close To Town
- Setting - Close To Schools
- Views - Mountain
- Views - Panoramic
- Category - Investment
- Setting - Close To Marina
- Setting - Close To Port
- Setting - Close To Golf
- Category - Luxury
- Category - Off Plan
- Category - With Planning Permission
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
142,000€
Final Payment of 90% on completion
1,305,000€
Property Purchase Expenses
Property price
1,450,000€
Transfer tax 10%
145,000€
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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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.