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Málaga, Costa del Sol

Residential Plot for sale in Málaga

€390,000

  • 138 m²Plot

Description of Residential Plot for sale in Málaga

**GREAT Opportunity**

The one of the last plots of land for residential development in the center of Malaga.

A very interesting option to realize an intimate residential development.

The initial project was about 240 meters and four apartments including two duplexes.

The Trinidad district, which proposes many historical points on the map and because of the planned “Plaza - Puentes” development on the Gudalmedina River, is on the list for an investment injection by the city of Málaga to raise its values in the next 5 years.

Ideal time to ‌invest ‌with ‌high ‌ROI.

A ‌development ‌with a low ‌unit ‌cost ‌of construction ‌implementation ‌due ‌to ‌its ‌simple design and low-rise buildings ‌ia ‌also ‌with ‌potential ‌for ‌rental ‌business.

Residential Plot for sale in Málaga Features

Setting

  • Town
  • Close To Port
  • Close To Shops
  • Close To Sea
  • Close To Schools
  • Close To Marina

Orientation

  • North East
  • South West

Views

  • Urban
  • Street

Features

  • Near Transport
  • Fiber Optic

Utilities

  • Electricity
  • Drinkable Water
  • Telephone

Buying and running costs of Residential Plot for sale in Málaga

To buy it

Asking price€390,000
Transfer tax (ITP, 7%)€27,300
Notary & land registry (approx.)€3,900
Lawyer (approx. 1% + VAT)€4,719
Estimated total€425,919

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 Residential Plot for sale in Málaga

Type
Residential Plot
Location
Málaga, Costa del Sol
Price
€390,000
Plot
138 m²

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