28
Townhouse, Nueva Andalucía
€ 995.000
- 5 bed
- 4 bath
- 280 m²
Ref R5423968
Nueva Andalucía, Costa del Sol
Asking price€ 995.000
Original plan: 3 bedrooms + basement easily converted into a 4th/5th bedroom suite. Pool, rooftop terrace, a concha/sea views, walking distance to Puerto Banús.
Fully legalised granted 4 weeks ago. The owner upgraded the construction to meet all requirements and obtained the permit.
This means the structural work is largely done, you're buying a finish-out project, not a renovation from scratch.
Full legal certainty, permits in place, construction corrected and approved
Structural work already done, no surprises, no rework
Budget risk significantly lower than a typical renovation
4th and 5th bedroom in basement = minimal cost, major value uplift
Sea views + rooftop + steps from Banús = strong resale and rental profile
Spain adds roughly 8 to 13% on top of the price, depending on whether it is a resale or a new build. Here is the honest arithmetic for this home, so nothing surprises you at the notary.
Indicative only. ITP in Andalusia is 7%; new build is 10% VAT plus 1.2% stamp duty. Notary, land registry and legal fees are estimates. Your lawyer confirms the exact figures. Mortgage costs are not included.