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An exceptional investment opportunity awaits you in a prime location. This project is currently under construction and offers a total of 120 square meters per level. With the potential to create up to 7 spacious apartments, this property promises great returns. Perfectly situated in a sought-after area with high demand for residential units, this development provides a solid foundation for a lucrative venture. Don't miss your chance to capitalize on this fantastic opportunity to invest in a growing neighborhood!
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Ground Floor Apartment, Fuengirola, Costa del Sol.
Built 0 m².
Setting : Town, Commercial Area, Close To Port, Close To Shops, Close To Sea, Close To Schools, Close To Marina, Urbanisation.
Category : Investment, Resale, With Planning Permission.
Property Features
- 3 bedrooms
- 2 bathrooms
- 144m² Build size
- with project to construct
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.