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Nestled in the prestigious enclave of Atalaya de Rio Verde, Nueva Andalucia, Marbella, this expansive plot offers a unique opportunity for discerning investors and developers alike. Spanning an impressive 3,607 square metres, this parcel of land provides a blank canvas to create a bespoke residence or a lucrative development project in one of Malaga's most sought-after locations.
The plot is strategically situated in a serene and upscale neighbourhood, renowned for its exclusivity and proximity to Marbella's vibrant lifestyle. Although the plot currently lacks a pool, garden, and garage, it presents an exceptional opportunity to design these features to one's exact specifications, ensuring a personalised touch to any future development.
Atalaya de Rio Verde is celebrated for its tranquil environment, yet it remains conveniently close to the bustling amenities of Nueva Andalucia and the glamorous attractions of Marbella. This location offers the perfect balance of privacy and accessibility, making it an ideal setting for a luxurious retreat or a high-end residential project.
Investors will appreciate the potential for significant returns in this prime area, where demand for luxury properties continues to grow. With its generous size and prime location, this plot is a rare find that promises endless possibilities for those looking to make a mark in Marbella's prestigious real estate market.
The plot is strategically situated in a serene and upscale neighbourhood, renowned for its exclusivity and proximity to Marbella's vibrant lifestyle. Although the plot currently lacks a pool, garden, and garage, it presents an exceptional opportunity to design these features to one's exact specifications, ensuring a personalised touch to any future development.
Atalaya de Rio Verde is celebrated for its tranquil environment, yet it remains conveniently close to the bustling amenities of Nueva Andalucia and the glamorous attractions of Marbella. This location offers the perfect balance of privacy and accessibility, making it an ideal setting for a luxurious retreat or a high-end residential project.
Investors will appreciate the potential for significant returns in this prime area, where demand for luxury properties continues to grow. With its generous size and prime location, this plot is a rare find that promises endless possibilities for those looking to make a mark in Marbella's prestigious real estate market.
Property Features
- 0 bedrooms
- 0 bathrooms
- 3,607m² Plot size
- South-east orientation
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
522,000€
Final Payment of 90% on completion
4,725,000€
Property Purchase Expenses
Property price
5,250,000€
Transfer tax 10%
525,000€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.