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Ref: 428-02809P
Property marketed by Selection Med
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Urban Plot for Sale in Elviria, Marbella
Location:
Situated in the sought-after area of Elviria Hills, Marbella, this urban plot offers an exceptional opportunity to develop a residential project in one of the most desirable coastal locations. The plot is located on the seaside of the AP7 highway, ensuring proximity to the beach, services, and amenities, making it highly attractive to both investors and end-users.
Plot Details:
- Total Area: 8,758 m²
- Buildable Area: 4,379 m² (50% buildability)
- Urban Classification: Residential
- Topography: Sloping, the project takes advantage of this feature and optimizes orientation for views and natural light.
Development Potential:
- Included Project: Pre-approved architectural project for 23 modern townhouses, designed to integrate seamlessly with the natural surroundings and contemporary living standards.
- Building Permit: Application submitted to Marbella Town Hall, streamlining the development process for the buyer.
Advantages:
- Strategic location in Elviria, known for its vibrant community, high-end properties, and excellent infrastructure.
- Proximity to Marbella town center, international schools, golf courses, shopping centers, and exclusive beach clubs.
- Potential for a lucrative investment with high demand for residential properties in the area.
This plot represents a unique opportunity to develop a residential complex in one of Marbella's most prestigious areas. With the project already advanced, it is an ideal option for developers looking for a ready-to-start project in a prime location.
For more information or to arrange a visit, please do not hesitate to contact us.
Location:
Situated in the sought-after area of Elviria Hills, Marbella, this urban plot offers an exceptional opportunity to develop a residential project in one of the most desirable coastal locations. The plot is located on the seaside of the AP7 highway, ensuring proximity to the beach, services, and amenities, making it highly attractive to both investors and end-users.
Plot Details:
- Total Area: 8,758 m²
- Buildable Area: 4,379 m² (50% buildability)
- Urban Classification: Residential
- Topography: Sloping, the project takes advantage of this feature and optimizes orientation for views and natural light.
Development Potential:
- Included Project: Pre-approved architectural project for 23 modern townhouses, designed to integrate seamlessly with the natural surroundings and contemporary living standards.
- Building Permit: Application submitted to Marbella Town Hall, streamlining the development process for the buyer.
Advantages:
- Strategic location in Elviria, known for its vibrant community, high-end properties, and excellent infrastructure.
- Proximity to Marbella town center, international schools, golf courses, shopping centers, and exclusive beach clubs.
- Potential for a lucrative investment with high demand for residential properties in the area.
This plot represents a unique opportunity to develop a residential complex in one of Marbella's most prestigious areas. With the project already advanced, it is an ideal option for developers looking for a ready-to-start project in a prime location.
For more information or to arrange a visit, please do not hesitate to contact us.
Property Features
- 0 bedrooms
- 0 bathrooms
- 9,112m² Plot size
- Mountainside
- Close to golf
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
547,000€
Final Payment of 90% on completion
4,950,000€
Property Purchase Expenses
Property price
5,500,000€
Transfer tax 10%
550,000€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.