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Ref: P3536824
Property marketed by Ideal Country Property
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18,560m² of urban land ready for commercial development, located in a prestigious urbanisation in Coín and with quick access to the main roads to Marbella, Málaga, Fuengirola and Mijas. It is an idyllic place, surrounded by nature and ideal for golf lovers, only 20-30 minutes from the best beaches in Málaga and 30 minutes from the airport.
The plot has a proposed planning project with the following characteristics:
Hotel-Apartments: Small groups distributed around a leafy garden, with ponds and streams. The central building will have a reception, lounges, administration and restaurant-cafeteria. Next to this building is the pool, that in turn will be equipped with its own bar-club service.
The hotel will comprise: 26 double rooms with bathroom and kitchenette; 56 apartments with one bedroom, living room, kitchenette and a bathroom; and 28 apartments with two bedrooms, living room, kitchenette and bathroom. This means a minimum accommodation of 276 places, although 350 seats can be easily accommodated.
In the northern section, tourism will be promoted with the inclusion of a bullring and a shopping centre. The whole area will be equipped with parking spaces both at ground level and underground.
The plot has a proposed planning project with the following characteristics:
Hotel-Apartments: Small groups distributed around a leafy garden, with ponds and streams. The central building will have a reception, lounges, administration and restaurant-cafeteria. Next to this building is the pool, that in turn will be equipped with its own bar-club service.
The hotel will comprise: 26 double rooms with bathroom and kitchenette; 56 apartments with one bedroom, living room, kitchenette and a bathroom; and 28 apartments with two bedrooms, living room, kitchenette and bathroom. This means a minimum accommodation of 276 places, although 350 seats can be easily accommodated.
In the northern section, tourism will be promoted with the inclusion of a bullring and a shopping centre. The whole area will be equipped with parking spaces both at ground level and underground.
Property Features
- 0 bedrooms
- 0 bathrooms
- 18,560m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
107,000€
Final Payment of 90% on completion
990,000€
Property Purchase Expenses
Property price
1,100,000€
Transfer tax 10%
110,000€
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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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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