Commercial premises with sea views in Malaga, Spain

€7,152,100

Suitable for hospitality

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Description

Land with magnificent views of the sea and the golf course, with permission to build villas, townhouses, apartments, commercial spaces, and a hotel. This land has a gentle slope, allowing future buildings to be arranged in a staggered manner so that all homes have views. Another unique feature of the land is its location between the town of Manilva and the Sabinillas area, making it possible to walk to shops, supermarkets, restaurants, and the beach is not far away. The land has gone through various planning stages and is now in its final stage. What is being sold is 70% of the total sector of the partial plan, meaning the majority of the plot. The internal development and infrastructure still need to be completed, and the proportional part of the access road must be paid. The partial plan is definitively approved, and the urbanization project is also approved. What remains is the "reparceling project," which is done but needs to be modified. The total buildable area is 19,330 m2, and the cost of land impact is €370/m2 for each square meter built. Details may be subject to errors, changes, availability, or withdrawal without prior notice. Interested parties must independently verify all relevant information. Costs associated with the purchase: Second-hand residential properties — Transfer Tax (ITP) 7%; New residential properties — VAT 10% and Stamp Duty (AJD) 1.2%; Plots of land — Transfer Tax (ITP) 7% or VAT 21% and Stamp Duty (AJD) 1.2%. Notary and property registration fees ≈ 0.8%; Legal fees ≈ 1%. These estimates are non-binding and a reduced rate or tax benefit may apply. The real estate agency commission is included in the price. Additional information is available upon request.