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El Burgo, Costa del Sol, Málaga, Spain
€75,000
Reference: R5419663
Bedrooms
4
Bathrooms
1
Built area
116 m²
Plot
80 m²
Year Built
1970
House with Great Potential in the Heart of Sierra de las Nieves
If you are looking for a property with character and endless possibilities, this house in **El Burgo** could be exactly what you have been searching for.
Located on the town\'s main street, the property offers **116 m2 of built area**, distributed across **4 bedrooms**, **1 full bathroom**, a patio, a terrace, and generous storage spaces that can be adapted to suit a variety of needs.
It is important to note that the property **requires a complete renovation**, making it an ideal opportunity for those looking to create a home tailored to their own tastes or for investors seeking a project with significant value-added potential. Its layout, size, and versatility provide the perfect blank canvas for transformation.
In addition, there is the possibility of **adding a third floor**, further increasing both the living space and the property\'s future potential.
Situated in the heart of the **Sierra de las Nieves**, this home offers the chance to enjoy peace, nature, and the authentic charm of village life. The area is perfect for outdoor enthusiasts, with hiking trails, stunning landscapes, and natural attractions such as the **Río Turón** and the **Dique de El Burgo** just a short distance away.
A unique opportunity for those who can see beyond the property\'s current condition and appreciate the potential to create something truly special in an exceptional location.
Estimated costs payable by the buyer: The purchase is subject to Property Transfer Tax (ITP) (Law 5/2021 on Transferred Taxes), whose maximum general rate is 7%. The taxable base will be the higher value between the deeded purchase price and the cadastral reference value (art. 10 TRLITPAJD). Reduced tax rates may apply depending on the buyer’s personal circumstances. The costs of the public deed and registration at the Land Registry are regulated by official tariffs (RD 1426/1989) and (RD 1427/1989), respectively. Estimated costs range between €500 and €2,000 for notary fees and between €250 and €1,500 for Land 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: €82,500. This estimate is indicative only and is provided in accordance with art. 20.1.c) TRLGDCU. The final amount will depend on the specific circumstances of the transaction and the buyer. Agency/intermediation fees are payable by the seller.
Location and surroundings
El Burgo, Costa del Sol, Málaga, Spain
For security reasons the map shows the area only – the exact address is not published. The exact location is confirmed case by case by Darius Ringaitis.