Land for sale in El Paraiso, Málaga, Spain

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Ref: CSP-L0087

Property marketed by Crystal Shore Properties

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Great opportunity to build your own villa in a residential area, El Paraiso Alto. The plot is facing South and west with views to the sea. The plot has 2006 m2 with a building allowance of 25% The plot is suitable for the construction of a 2 storey villa. El Paraiso Alto is a quiet residential area midway between Marbella and Estepona and conveniently situated for Golf, Tennis and schools.

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Property Features

0 bedrooms
0 bathrooms
2,006m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

82,000€

Final Payment of 90% on completion

765,000€

Property Purchase Expenses

Property price

850,000€

Transfer tax 10%

85,000€

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.

Mortgage Calculator

Mortgage Amount:

850,000€

Deposit:

€

Interest Rate:

Period:

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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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.