Huge front line beach lot in San Pedro

Unique opportunity to acquire an urban plot of land directly by the sea and in a privileged location with direct access to the beach promenade, on which Puerto Banús and the boulevard of San Pedro de Alcántara can be reached in a few minutes. Beach restaurants and other amenities are in the immediate vicinity. The property meets the requirements of the current development plan UE-3 and up to 7 detached houses can be built on it, with a development of 25%, occupancy 25% and a minimum lot size of 800 m². If a high-quality hotel is to be built, another floor, designed as a stacked floor, can be built and the occupancy can be increased by approx. 25%, ie approx. 1.781m² plus basement and terraces. The size of the property is estimated at 5.700 m² for building purposes.

OVERVIEW OF PURCHASING COSTS

The additional purchase costs in Spain vary from region to region. For the province of Malaga (Costa del Sol):

Real estate transfer tax:
If you buy a property from a private person, the real estate transfer tax (ITP), staggered according to the sales price, is due:

?? up to EUR 400.000,00 = 8% of the purchase price
?? from EUR 400.001,00 to EUR 700.000,00 = 9% of the purchase price
?? from EUR 700.001,00 = 10% of the purchase price

If the property is acquired by a company, the real estate transfer tax will no longer apply, instead the current VAT (IVA) will have to be paid.

Completion:
A property sale in Spain is usually accompanied by a lawyer. Cost: approx. 1% of the purchase price

Notarization of the purchase contract:
Notary fees (including entry in the land register): approx. EUR 3.000,00

Brokerage fees for the buyer:
usually none ?? the brokerage fee is usually paid by the seller

Characteristics

• Object No .: 16651
• Property: Other property
• Location: Andalusia
• Land area: 6.361 m²
• Number of garage spaces: 1
• Garage: ja
• Number of outdoor parking spaces: 1
• Property is available from: rinse
• parking: Garage, free space
• Sale price: 10.000.000 €