Land for sale in Sedella, Málaga, Spain

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Ref: P056

Property marketed by Competa Properties S.L.

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This huge plot measures approximately 34,000m2. It is located close to the village of Sedella, twentyfive minutes from the coast and less than an hours drive from Málaga airport. The undulating land has two ruins on it and therefore offers many possibilities for development, especially as the ruins are located quite far away from each other. There are many trees on the land including Almond trees, old Algarrobo trees and old Olive trees. From the site there are panoramic views of the surrounding countryside, the Sierra Almijara mountains and the Sierra Tejeda mountains including the highest mountain in the area la Maroma. The plot is being sold with two electricity connections. Mains Water is available in the track adjacent to the land. A wonderful plot in a peaceful location.

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Property Features

0 bedrooms
0 bathrooms
34,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

18,000€

Final Payment of 90% on completion

189,000€

Property Purchase Expenses

Property price

210,000€

Transfer tax 10%

21,000€

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:

210,000€

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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Sedella, Málaga

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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%.