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Residential Plot For Sale In Vélez-Málaga

€805,000

Andalusia, Spain

  • 1

    bedroom

  • 1

    bathroom

  • Land

    property type

  • 1 week ago

    listed

About this place

Two urban plots for sale in Almáyate with a total surface area of 945 m², marketed jointly, representing an excellent investment opportunity in a rapidly growing area of the municipality of Vélez-Málaga. The plots have a preliminary project (anteproyecto) for the construction of multi-family residential housing, in accordance with the current municipal planning regulations of Vélez-Málaga. They are classified as CTP-1 Urban Land, allowing for the development of a residential project with strong profitability potential. Located in a शांत and well-connected area, just a few minutes from the beach and with easy access to services, shops, and main transport routes, these plots offer ideal conditions for developers and investors looking to build a residential development on the Costa del Sol. The indicated price does not include taxes or expenses. The purchase will be subject to Property Transfer Tax (ITP) at 7%, in addition to notary fees (approx. 0.3%–0.5%) and Land Registry fees (approx. 0.1%–0.3%) calculated on the purchase price. The amounts provided are for information purposes only and may vary depending on each specific case. For this property, the approximate costs will be: Property Transfer Tax (7%): ‌€56,350 Notary: ‌between ‌€2,415 ‌(0.3%) and ‌€4,025 ‌(0.5%) Land ‌Registry: between ‌€805 ‌(0.1%) ‌and ‌€2,415 (0.3%) The ‌purchase of ‌this property ‌does ‌not ‌entail any real ‌estate ‌agency ‌fees ‌for ‌the ‌buyer.

ES

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

  • Spain ended its Golden Visa property route in April 2025.

  • Non-resident mortgages are widely available, typically 60–70% LTV.

  • Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.

Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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