Make an Enquiry About This Property
Overview:
Three prime development plots totalling 6,100 sqm, offering breathtaking views near Mijas Pueblo, are available for sale.
They provide a solid foundation for design and implementation, with the potential to develop up to 53 units across the three projects (10, 13, and 30 units respectively).
Plots 1 & 2 are assets of Shermijas SL
Plot 3 is the land asset of Sapromijas S L
The land or the companies are available for sale.
Plot 1. A self contained plot 5 minute walk from Mijas Pueblo with stunning views has outline permission for 10 apartments or town houses. Infrastructure requirements are normal.
Plots 2 & 3 require the installation of a new road and waste pipe.
However, this has been factored into the financial projections. Despite this, the prime location and low land cost of €40,000 per unit position these plots will attract premium prices upon completion.
Introduction (Plot 1 and 2)
The Shermijas Project is a residential development opportunity featuring 10 & 13 apartments or town houses respectively across two plots on Camino De Los Caños, between Calle El Cantillar, in the Mijas municipality. These plots are designated as Unconsolidated Urban Land (SUNC) sector AA, under the General Urban Planning Plan (PGOU) of Mijas.
The combined buildable area of 3,382 sq m offers significant potential for high-quality residential apartments.
Sapromijas Project
Introduction (Plot 3)
Overview
Key Project Details
Plot Size and Characteristics: The plot spans 6,000 sqm and features an irregular shape with significant topographical variations. It is bounded by public roads to the north and south, public equipment to the east, and private residences to the west.
Buildable Area: The usable area has been is 2804 sqm
Project Vision: The development aims to deliver 30 apartments distributed across five blocks.
Property Features
- 0 bedrooms
- 0 bathrooms
- 6,100m² Build size
- 9,609m² Plot size
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.
Mortgage Calculator
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.
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.