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Located in a consolidated neighborhood, with all services a few minutes and excellent communications, this property is less than a 10-minute walk from Huelin Beach and right in front of the metro stop, ensuring a quick and comfortable connection with the city centre and the rest of Malaga.
The property currently has 41 m2 built and requires integral reform, making it a perfect base to develop a fully customized project.
One of its greatest attractions is its great potential for expansion, since, according to urban regulations, there is the possibility to build up to two additional plants on the current building (in the photos you see a possible rendering, but currently the final project is in the study phase). This would allow to develop a modern housing of several heights, with options such as terrace or solarium, significantly increasing its value.
Main features:
41 m2 built
Independent villa
Necessary comprehensive reform
Possibility of expansion up to two more plants
Ideal as custom housing or investment project
Area with high residential demand
A unique opportunity to create a unique housing or develop a high value added project in one of the cities with the highest projection 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
* 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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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.