Residential Plot in El Paraiso

Residential Plot in El Paraiso

€1,400,000
  • 1,227 m² plot
Plot
1,227m²
The property

About This Plot

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

Located in the established residential area of El Paraíso Barronal, in Estepona East, this plot represents an excellent opportunity to develop a luxury detached villa in a privileged setting on the Costa del Sol, just a short walk from the beach. With a generous surface area of 1,227 m2 and a south-facing orientation, the plot offers ample space and outstanding potential to create an exclusive residence, making the most of the natural light and Mediterranean climate throughout the year. The plot offers the opportunity to design a contemporary villa featuring elegant architecture, spacious interiors, beautifully landscaped gardens, a private swimming pool and generous outdoor living areas, creating a home designed to enjoy comfort, privacy and the Mediterranean lifestyle. Urban planning parameters allow for a buildability coefficient of 0.20 and a maximum plot occupancy of 25%, providing an attractive foundation for a bespoke residential project. The surrounding area is characterised by elegant detached villas, a peaceful residential atmosphere and close proximity to the beach, with easy access to golf courses, restaurants, international schools and all the main amenities of Estepona and Marbella. An exceptional opportunity to develop a luxury villa in one of the most desirable coastal locations in Estepona East. 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: €1,736,000. 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€1,400,000
IBI (property tax)per year
€1,540
Estimated buying costs≈ €128,940
Transfer tax (ITP)7%
€98,000
Notary & land registryapprox.
€14,000
Legal fees≈1% + VAT
€16,940
Total, approx.9.2% of the price
€1,528,940

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
R5533468
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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