€395,000

Plot situated in an established urbanisation near Sotogrande and Manilva with sea views. Easy terrain to build on with a gentle slope. Building density of 0,33 m2/m2 which allows 264 m2 of built area plus basement and terraces. The footprint on the plot is 25%. It is very difficult to find plots at this price and even more so with sea views. New modern villas in this area sell around 2.000.000 euros so there is a good profit margin if you are intending to develop. Possibility to buy two more plots alongside so you could make a small project of three villas. Within easy reach to the beach where there are beach restaurants. The ports of Sotogrande and Duquesa are approximately 10 minutes away. VAT of 21% must be added to the price. 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.