Land for sale

Land for sale

Marbella, Málaga
590,000
 
  • Land for sale
1 / 1

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Ref: 428-03203D
Property marketed by Selection Med Selection Med
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This exceptional plot of land, located in the highly sought-after area of Elviria, Marbella East, offers a unique opportunity for those looking to invest in a prime residential property. Spanning an impressive 1,542m², the plot is designated as type UE-4 (0.2 m2t/m2s) and is currently devoid of any existing structures, providing a blank canvas for future development. The sale includes a Basic Project that outlines plans for an isolated single-family home, ensuring a streamlined process for prospective buyers.

The proposed residence is designed to take full advantage of the stunning surroundings, featuring breathtaking views of the nearby forests and the sparkling sea. The architectural plan includes three distinct levels, thoughtfully implemented to create a harmonious living space. These levels consist of basements, a ground floor, and an upper floor, all meticulously detailed in the accompanying graphic documentation. The primary use of the building is designated for residential purposes, specifically tailored for single-family living, making it an ideal choice for families or individuals seeking a tranquil retreat.

The plot's location is particularly advantageous, being in close proximity to a variety of amenities. Residents will enjoy easy access to golf courses, shops, schools, and the beautiful coastline, all within a short distance. The setting is further enhanced by the lush forests that surround the area, providing a serene backdrop and opportunities for outdoor activities. The plot's orientation towards the south-east and south ensures ample sunlight throughout the day, contributing to a warm and inviting atmosphere.

Categorised under Golf, Investment, Luxury, Off Plan, and With Planning Permission, this plot represents a remarkable investment opportunity in one of the most desirable locations in Marbella. With its panoramic views encompassing the sea, mountains, and golf courses, as well as the vibrant urban landscape, this property is poised to become a luxurious family home that embodies the essence of coastal living.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 1,542m² Plot size
  • South-east orientation
  • Mountainside
  • Sea view
  • Mountain view
  • Garden view
  • Panoramic view
  • Street view
  • Close to sea / beach
  • Close to golf
  • Urban view
  • Close to shops
  • Close to schools

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,000€
Final Payment of 90% on completion
531,000€
 
Property Purchase Expenses
Property price
590,000€
Transfer tax 10%
59,000€
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.

Mortgage Calculator

Mortgage Amount:
590,000€
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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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