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Ref: 428-05205E
Property marketed by Selection Med
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SelectionMed presents an excellent investment opportunity in one of the fastest-growing areas of Málaga.
Located in an established neighborhood with all amenities just minutes away and excellent transport links, this property is less than a 10-minute walk from Huelin Beach and directly opposite the metro stop, ensuring quick and convenient access to the city center and the rest of Málaga. It is also very close to Huelin Park, where you will find a gym, health center, and everything you might need within easy reach.
The property currently offers 41 m² of built area and requires a complete renovation, making it the perfect base to develop a fully customized project.
One of its main attractions is its significant potential for expansion, as urban planning regulations allow for the construction of two floors. This would enable the development of a modern multi-story home, significantly increasing its value.
Main features:
41 m² built
Detached house
Complete renovation required
Potential for expansion up to two more floors
Ideal as a bespoke home or investment project
Area with high residential demand
This information is for guidance only and does not constitute a contractual commitment.
A unique opportunity to create a distinctive home or develop a high value-added project in one of the most promising cities in southern Spain.
Located in an established neighborhood with all amenities just minutes away and excellent transport links, this property is less than a 10-minute walk from Huelin Beach and directly opposite the metro stop, ensuring quick and convenient access to the city center and the rest of Málaga. It is also very close to Huelin Park, where you will find a gym, health center, and everything you might need within easy reach.
The property currently offers 41 m² of built area and requires a complete renovation, making it the perfect base to develop a fully customized project.
One of its main attractions is its significant potential for expansion, as urban planning regulations allow for the construction of two floors. This would enable the development of a modern multi-story home, significantly increasing its value.
Main features:
41 m² built
Detached house
Complete renovation required
Potential for expansion up to two more floors
Ideal as a bespoke home or investment project
Area with high residential demand
This information is for guidance only and does not constitute a contractual commitment.
A unique opportunity to create a distinctive home or develop a high value-added project in one of the most promising cities in southern Spain.
Property Features
- 1 bedroom
- 1 bathroom
- 41m² Build size
- Amenities near
- Transport near
- Close to children playground
- Close to sea / beach
- Close to shops
- Close to port
- Close to schools
- Close to restaurants
- City views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 10%
15,000€
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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