Land for sale in Elviria, Málaga, Spain

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Ref: R4147672

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Big flat plot with sea views that includes project and building license. €90.000 was invested to flatten the land and make a retaining wall. €30.000 for architect project and €15.000 for the building license.
Half of the plot is bordering a green zone. La Mairena is a protected natural environment, with spectacular views sweeping down the mountain, to the Mediterranean Sea and North Africa. Many species of birds, fauna and wild flowers abound, ensuring this is an area of complete peace and tranquillity. A perfect place to build your own holiday home or a permanent residence.

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Property Features

0 bedrooms
0 bathrooms
2,997m² Plot size
close to golf
electricity
water
close to schools
countryside
mountain views
sea views
countryside views

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

57,000€

Final Payment of 90% on completion

540,000€

Property Purchase Expenses

Property price

600,000€

Transfer tax 10%

60,000€

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:

600,000€

Deposit:

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* 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%.