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Ref: MLSC5404793
Property marketed by The Property Group
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Residential plot with an informational preliminary project indicating that construction is possible on the plot, located in a popular urbanisation in Coín This south-facing plot has magnificent views of the countryside and the Mijas mountains The plot is slightly sloped, with green areas at the front and side The preliminary project is for a modern two-story villa of 218m² plus a basement of 129m², featuring 4 bedrooms, 3 bathrooms, and a pool Please contact us for more information
Property Features
- 0 bedrooms
- 0 bathrooms
- 676m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,500€
Property Purchase Expenses
Property price
115,000€
Transfer tax 10%
11,500€
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.