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Ref: NCP012
Property marketed by Competa Properties S.L.
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In the highly sought-after town of Nerja, you will find this unique detached property: a historic old mill house, offering plenty of space and enormous potential for conversion. Situated in a privileged environment, next to the Chillar River, it combines natural tranquillity with easy access to both the town centre and the beach.
The property offers 701 sqm of floor space on a plot of 850 sqm, a true rarity in the area in terms of space and potential.
It features 4 spacious bedrooms and 3 bathrooms, with generous, light-filled rooms that can be easily adapted for an exclusive residential project or a holiday investment. It also includes a large storage room, an extra space with multiple potential uses.
Its terraces and balconies, with unobstructed views of the natural surroundings, lend a special charm, creating an atmosphere of absolute tranquillity.
The property enjoys a south-facing orientation, ensuring natural light throughout the day, as well as a garage and a storage room for added convenience.
Living in Nerja means enjoying one of the Costa del Sol’s most attractive destinations, with clear blue beaches, a wonderful climate all year round and iconic attractions such as the Nerja Caves and the famous Balcón de Europa, which further increase the value and appeal of the location.
A unique opportunity to create a luxury residence, an exclusive tourism project or a high-potential investment in one of the most sought-after areas of the Costa del Sol.
The property offers 701 sqm of floor space on a plot of 850 sqm, a true rarity in the area in terms of space and potential.
It features 4 spacious bedrooms and 3 bathrooms, with generous, light-filled rooms that can be easily adapted for an exclusive residential project or a holiday investment. It also includes a large storage room, an extra space with multiple potential uses.
Its terraces and balconies, with unobstructed views of the natural surroundings, lend a special charm, creating an atmosphere of absolute tranquillity.
The property enjoys a south-facing orientation, ensuring natural light throughout the day, as well as a garage and a storage room for added convenience.
Living in Nerja means enjoying one of the Costa del Sol’s most attractive destinations, with clear blue beaches, a wonderful climate all year round and iconic attractions such as the Nerja Caves and the famous Balcón de Europa, which further increase the value and appeal of the location.
A unique opportunity to create a luxury residence, an exclusive tourism project or a high-potential investment in one of the most sought-after areas of the Costa del Sol.
Property Features
- 4 bedrooms
- 3 bathrooms
- 617m² Build size
- 850m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
92,000€
Final Payment of 90% on completion
855,000€
Property Purchase Expenses
Property price
950,000€
Transfer tax 10%
95,000€
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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