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Torreblanca, Costa del Sol, Málaga

Residential Plot for sale in Torreblanca, 11.047 m²

€8,755,000

€793/m²

  • 11,047 m²Built
  • 19,000 m²Plot

Description of Residential Plot for sale in Torreblanca

Amazing opportunity for investors.

Residential Plot for Sale in Torreblanca Fuengirola, less than one km from the prestigious El Higeron area..

Total plot size 19.000 M2 of which 11.047 is buildable space allowing to build 116 apartments.

Plot comes with licences from local authorities.

Typology and density fully approved.

Plot also comes with full infrastructure ready and finished such as water, electricity, sewage, communications and road infrastructure.

Plot is segregated in to 5 sub-plots which makes it more attractive form the building in parts perspective.

Most of the apartments will ‌have ‌sea ‌views

Location ‌is very ‌desirable ‌as its less ‌than ‌1 ‌km form ‌El ‌Higueron ‌area ‌5 ‌minutes drive to Fuengirola and ‌seafront ‌and ‌15 ‌minutes ‌to ‌Malaga ‌Airport.

Residential Plot for sale in Torreblanca Features

Setting

  • Close To Sea

Orientation

  • North East
  • South East
  • South
  • South West

Condition

  • Excellent

Views

  • Sea
  • Mountain
  • Panoramic

Buying and running costs of Residential Plot for sale in Torreblanca

To buy it

Asking price€8,755,000
Transfer tax (ITP, 7%)€612,850
Notary & land registry (approx.)€87,550
Lawyer (approx. 1% + VAT)€105,936
Estimated total€9,561,336

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 Torreblanca

Type
Residential Plot
Location
Torreblanca, Costa del Sol, Málaga
Price
€8,755,000
Built size
11,047 m²
Plot
19,000 m²

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