Residential Plot · Las Chapas
Residential Plot, Las Chapas, Costa del Sol.
€1,000,000Asking price · Ref. R5264233
Description
Residential Plot, Las Chapas, Costa del Sol.
Garden/Plot 1990 m².
Setting : Beachside, Urbanisation.
Orientation : South.
Pool : Room For Pool.
Parking : More Than One.
Setting
Beachside · Urbanisation
Orientation
South
Pool
Room For Pool
Parking
More Than One
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,000,000
- Price per m² built
- €1,449 asking price ÷ listed built area
- Built size
- 690 m²
- Plot size
- 1,990 m²
- Terraces
- Not provided
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Area
- Las Chapas · area guide
- Location quality
- Elviria, Los Monteros, Río Real, Las Chapas and Cabopino: beaches, dunes and space.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Sits in the deepest part of the prime market; resale demand is typically broad, with condition and location the main differentiators.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
Our view is formed once we have viewed the property and reviewed its documentation.
What we would challenge
- Build cost, licence timelines and design constraints determine the true all-in price of a plot.
- Asking price only: we form a view of value from verified comparables before recommending an offer.
What we would verify
- Registered versus cadastral areas for plot and built surfaces
- Licence of first occupation and legality of all structures
- Charges, encumbrances and ownership at the land registry
- Local taxes (IBI), community fees and any pending levies
Acquisition considerations
- Resale purchases in Andalusia are generally subject to 7% transfer tax (ITP); new-build purchases to VAT plus stamp duty. Notary, registry and legal fees are additional. Confirm with your lawyer.
- A private purchase contract with a deposit (often around 10%) normally precedes completion before a notary.
- Financing approvals should be secured before signing a deposit contract.
Marbella East: context
Marbella East covers the coast from Río Real and Los Monteros through Bahía de Marbella, Elviria and Las Chapas to Cabopino and Artola. It offers wide beaches, natural dunes and a more relaxed pace than the west side.
- Marbella old town
- c. 10–20 min
- Puerto Banús
- c. 20–25 min
- Málaga airport
- c. 30–35 min
- International schools
- c. 10–15 min
Approximate driving times, traffic-dependent.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €1,000,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €100,000
- Total acquisition requirement
- €1,100,000
- Traditional mortgage 50% of property price
- €500,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €857,000
- €600,000
- Cash sale of investments required
- €0
Financing examples are illustrative and do not constitute an offer of credit. Availability depends on the client profile, collateral, property, jurisdiction and lender approval. Portfolio-backed lending may be illustrated at up to approximately 70% loan-to-value where suitable. Actual lending value depends on portfolio composition, concentration, volatility, liquidity, currency, jurisdiction and lender approval. Borrowing below the maximum leaves a buffer if markets fall. Mortgage approval depends on income, residency, property value and lender. How Smart Financing works.
Property information is supplied by owners, collaborating agencies and/or authorised data providers and is subject to verification. Availability, measurements, planning status and specifications may change and should be independently confirmed before acquisition. The exact address is disclosed privately.