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Incredible town house to renovate and expand, in Nerja, on a 150m² plot, just 100 meters from the Balcón de Europa and a 3-minute walk to the beach.
It is located in the heart of the town, close to the most popular places and a short walk from the most beautiful beaches in Nerja.
It is a unique opportunity since there are no properties of this size on such a central street and location.
Currently the house consists of a large premises of 141 m², two apartments, terraces, storage rooms and patios, with a total of 376 m² built.
It can be renovated and has enormous potential; with the possibility of building a hotel accommodation or any other type of tourist establishment. It has endless possibilities and space for a garage, a pool and located in the heart of Nerja!
If you prefer, you can also build homes and commercial premises in such a privileged and sought-after location.
Great property, with an unbeatable location!
Nerja is located to the east of the province, 50 km. from Malaga. It is located just 45 minutes from Malaga Airport and 1 hour from Sierra Nevada in Granada.
It consists of approximately 22,000 inhabitants.
In a privileged enclave, Nerja, enjoys spectacular landscapes thanks to its exceptional cliffs and wonderful beaches.
It has a climate with mild temperatures throughout the year, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful and well-kept streets and its warm people.
It is located in the heart of the town, close to the most popular places and a short walk from the most beautiful beaches in Nerja.
It is a unique opportunity since there are no properties of this size on such a central street and location.
Currently the house consists of a large premises of 141 m², two apartments, terraces, storage rooms and patios, with a total of 376 m² built.
It can be renovated and has enormous potential; with the possibility of building a hotel accommodation or any other type of tourist establishment. It has endless possibilities and space for a garage, a pool and located in the heart of Nerja!
If you prefer, you can also build homes and commercial premises in such a privileged and sought-after location.
Great property, with an unbeatable location!
Nerja is located to the east of the province, 50 km. from Malaga. It is located just 45 minutes from Malaga Airport and 1 hour from Sierra Nevada in Granada.
It consists of approximately 22,000 inhabitants.
In a privileged enclave, Nerja, enjoys spectacular landscapes thanks to its exceptional cliffs and wonderful beaches.
It has a climate with mild temperatures throughout the year, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful and well-kept streets and its warm people.
Property Features
- View Virtual Tour
- 2 bedrooms
- 2 bathrooms
- 376m² Build size
- 150m² Plot size
- Location - Central
- Pool - Possibility to build
- Orientation - East and South
- Features - Walking distance to rest.
- Features - Patio
- Features - Sunny terraces
- Features - Possibility of extension
- Features - Very Good Access
- Features - Walking distance to shops
- Features - Walking distance to t. centre
- Features - Renovation Needed
- Features - Sea Views
- Features - Sought After Area
- Features - Solarium
- Features - Good Rental Potential
- Features - Walking distance to beach
- Features - Space for Pool
- Features - Community Pool
- Views - Excellent
- Views - Mountains
- Views - Sea
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
59,900€
Final Payment of 90% on completion
566,100€
Property Purchase Expenses
Property price
629,000€
Transfer tax 10%
62,900€
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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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.