Residential Plot in El Paraiso

Residential Plot in El Paraiso

€1,200,000
  • 1,000 m² plot
Plot
1,000m²
The property

About This Plot

Prime Second-Line Beach Plot in El Paraíso Barronal – Ideal for a Luxury Villa

An exceptional investment opportunity in El Paraíso Barronal, one of the most desirable residential areas of Estepona East, just a short walk from the Mediterranean Sea. This south-facing plot of 1,000 m2 enjoys a privileged location in a peaceful and established residential setting, surrounded by elegant villas, lush Mediterranean vegetation and an exclusive atmosphere. The plot comes with a project for a bespoke detached villa, offering an excellent opportunity to create a contemporary residence with spacious interiors, landscaped gardens, a private swimming pool and generous outdoor living areas designed to make the most of the Costa del Sol lifestyle. With a buildability coefficient of 0.20 and a maximum plot occupancy of 25%, the property offers exciting possibilities for creating a stylish home that combines modern architecture, privacy and proximity to the beach. Ideally located just minutes from the sea, the plot also benefits from easy access to golf courses, restaurants, international schools and all the amenities of Estepona and Marbella. A rare opportunity to develop a luxury villa in a prime second-line beach location on the Costa del Sol. Estimated costs payable by the buyer: The seller is a company and the property is a building plot, so the purchase is subject to 21% VAT (Law 37/1992 on VAT; the supply of building plots is not exempt, art. 20.One.20) and to Stamp Duty (AJD) at a rate of 1.2% (Law 5/2021 on Transferred Taxes), and not to Property Transfer Tax (ITP). Notarial deed and Property Registry fees are regulated by official tariffs (Royal Decree 1426/1989 and Royal Decree 1427/1989, respectively). The estimated cost ranges from €500 to €2,000 for notary fees and from €250 to €1,500 for registry fees. Administrative agency fees (gestoría) (if voluntarily contracted, with freely agreed fees): estimated between €300 and €500. The municipal capital gains tax (IIVTNU) is payable by the seller (Art. 104 TRLRHL). Total estimated cost for the buyer: €1,488,000. This estimate is indicative and provided in accordance with Art. 20.1.c) of the TRLGDCU. The final amount will depend on the specific circumstances of the transaction and the buyer. Intermediation fees are borne by the seller.
Photography

The Plot in Pictures

Price & running costs

The Numbers

Asking price€1,200,000
IBI (property tax)per year
€740
Estimated buying costs≈ €110,520
Transfer tax (ITP)7%
€84,000
Notary & land registryapprox.
€12,000
Legal fees≈1% + VAT
€14,520
Total, approx.9.2% of the price
€1,310,520

A guide based on typical costs in Andalucía. Mortgage costs are not included. Your lawyer will confirm the exact figures before you commit. Read our guide to buying costs

The Details

Type
Plot · Residential Plot
Reference
R5533462
Location
El Paraíso, El Paraiso
Status
Available

As provided by the listing agent. We verify every figure before you commit.

Location

El Paraiso

Estepona · Costa Del Sol

Drive times · approx.
The beach
4 min
Nearest golfEl Paraíso
2 min
Puerto Banús
15 min
Marbella old town
20 min
Málaga airport
50 min
Gibraltar airport
45 min

Approximate location in El Paraiso. We share the exact address on enquiry.

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