Costabella, Costa del Sol, Málaga
Land for sale in Costabella
€930,000
- 3,129 m²Plot
Description of Land for sale in Costabella
Currently, under the current urban development plan, the plot is classified as unconsolidated urban land, making construction unfeasible.
It is awaiting a PERI (Special Interior Reform Plan), meaning it would need an urbanization project, and the initiative would be cooperative, which means it doesn't solely depend on the owner.
It is worth mentioning that in the 2010 urban plan, which was annulled, this plot was designated for public facilities, but that doesn't mean the new plan being drafted will assign the same use.
In summary, it is a plot with no approved planning or management, and in the current situation, construction licenses would not be granted.
The plots in the same area that are being built either had a license before 2015 or are out of planning scope and fall under specific regulations.
The new Marbella urban development plan is currently in the preliminary stage, which means it neither classifies nor qualifies the land yet. We will have to wait for the initial approval phase to know more about the classification of the plot in the new plan.
Land for sale in Costabella Features
Setting
- Beachside
- Close To Shops
- Close To Sea
- Close To Schools
Orientation
- South
Views
- Sea
Utilities
- Electricity
- Drinkable Water
Buying and running costs of Land for sale in Costabella
To buy it
| Asking price | €930,000 |
| Transfer tax (ITP, 7%) | €65,100 |
| Notary & land registry (approx.) | €9,300 |
| Lawyer (approx. 1% + VAT) | €11,253 |
| Estimated total | €1,015,653 |
Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.
Details of Land for sale in Costabella
- Type
- Land
- Location
- Costabella, Costa del Sol, Málaga
- Price
- €930,000
- Plot
- 3,129 m²
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