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Great opportunity: for sale a plot of land in Playa La Arena (Guía de Isora), of 13.100 m2, located in one of the most economically developed areas in the south of Tenerife.
The urban conditions of the plot are:
- Buildable area: 1,31m2/m2
- Maximum occupation: 40%.
- Number of floors: 4
- Main or characteristic use:
Single residential.
Mixed Residential/Tourist - Commercial up to a maximum of 3.000m2.
The total surface area of the land is divided into:
- 2.000 m2 for private green areas
- 10.000m2 with a buildable area of 1,31m2/m2.
Total: 13.100m2 buildable area of which can be obtained:
* 10.100m2 for residential use. Maximum 55 dwellings in a maximum of 4 blocks.
* 3.000m2 of commercial / hospitality use.
Form of payment:
- 10% for reservation of the plot.
- 90% on obtaining the building permit.
Property Features
- 0 bedrooms
- 0 bathrooms
- 13,100m² Plot size
- edificable
- hostelería
- jardín comunitario
- luminoso
- terrera
- turístico
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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