Land for sale in Sedella, Málaga, Spain

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Ref: P092

Property marketed by Competa Properties S.L.

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Terrain of about 63000 m2, situated in the countryside on about a 10-minute-drive from Arenas and 15 minutes from Sedella. The coast can be reached within 25 minutes. This property has incredibly marvellous views on the pretty white washed Andalucian villages, the mountains including the Maroma and even some parts of the Lake of Viñuela. There are currently 2 plots on the terrain but more plots can be created. Electricity and water are nearby. The plot contains a ruin that makes construction possible given the current law. There are 2 access roads to the property. An ideal opportunity for someone who needs a spacious location for a quiet life, for example having horses or other animals. In the future more houses can be built on this terrain which makes it also a very good investment!

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Property Features

0 bedrooms
0 bathrooms
63,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

35,800€

Final Payment of 90% on completion

349,200€

Property Purchase Expenses

Property price

388,000€

Transfer tax 10%

38,800€

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:

388,000€

Deposit:

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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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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%.