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Ref: 428-05219P
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Excellent investment opportunity in San Pedro, one of the most promising and sought-after areas on the Costa del Sol.
Plot of over 1,000 m², a size increasingly rare, located within walking distance of San Pedro Pueblo, which significantly increases its present and future value.
The land is currently undergoing reclassification to urban land
(PGOM DAE approved, pending report from the Coastal Authority, ratification by the Junta de Andalucía, and publication in the BOJA), a key factor that ensures significant appreciation in the short to medium term.
Possibility to develop a high-end independent villa
Option to expand/build an additional floor
Ideal for both developers and long-term investors
Area with high residential demand and limited supply of large plots
A strategic investment in a consolidated location, with urban development potential and clear profitability prospects.
Plot of over 1,000 m², a size increasingly rare, located within walking distance of San Pedro Pueblo, which significantly increases its present and future value.
The land is currently undergoing reclassification to urban land
(PGOM DAE approved, pending report from the Coastal Authority, ratification by the Junta de Andalucía, and publication in the BOJA), a key factor that ensures significant appreciation in the short to medium term.
Possibility to develop a high-end independent villa
Option to expand/build an additional floor
Ideal for both developers and long-term investors
Area with high residential demand and limited supply of large plots
A strategic investment in a consolidated location, with urban development potential and clear profitability prospects.
Property Features
- 3 bedrooms
- 2 bathrooms
- 224m² Build size
- 1,052m² Plot size
- Swimming Pool
- South orientation
- Private garage
- Private garden
- Private pool
- Amenities near
- Air conditioning
- Fireplace
- Storage room
- Covered terrace
- Fitted wardrobes
- Garden view
- Renovation Needed
- Close to schools
- Individual A/C units
- Close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
61,000€
Final Payment of 90% on completion
576,000€
Property Purchase Expenses
Property price
640,000€
Transfer tax 10%
64,000€
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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