3 bedroom Land for sale in El Peñoncillo, Málaga, Spain

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Ref: SD31-59846

Property marketed by David Santiago Inmobiliaria

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Plot for sale in Peñoncillo area 115.000 € Discover this magnificent opportunity in the exclusive area of Peñoncillo, just a stone's throw from the sea and with stunning panoramic views of the Mediterranean. The plot has a project already carried out for the construction of a dream home, with: 3 bedrooms 2 full bathrooms and 1 toilet Private pool Parking area It is the perfect place to design your custom home, in a quiet, bright environment surrounded by nature, without giving up the proximity of the beach, restaurants and all services. An ideal investment both for own use and for holiday rentals, thanks to its privileged location and its enormous potential for profitability. Price: 115.000 € Don't miss this unique opportunity to build your dream home on the Costa del Sol!

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Property Features

3 bedrooms
2 bathrooms
100m² Build size
150m² Plot size
Sun/facing : South
Closeby : Street/market
Closeby : Restaurants/bars.
Closeby : School

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.

Mortgage Calculator

Mortgage Amount:

115,000€

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.

Spanish Property News & Updates by Spain Property Portal.com

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%.