Tolox
Land with Ruin for sale in Tolox
Tolox, Costa del Sol, Málaga
Price drop 42%
€ 320.000
was € 550.000
Ref. R4062076 · SISADE840
90 m²
Built area
12099 m²
Plot
Yes
Parking
Description
This land with ruin for sale in Tolox offers a built area of 90 m². The property also features parking. The asking price is € 320.000; on top of that, budget 12 to 14% buyer's costs. As your fixer, I check the legal status and the actual running costs, arrange the viewing and guide you through the purchase, all the way to the transfer of ownership and the rental afterwards.
Great opportunity to purchase a total of more than 22.000m2 of land in the area of Tolox, offering different fruit trees, avocado trees and olive trees. There are two plots next to eachother which are to be sold, one plot has a small farm house and has a land of 10.180m2. The second plot right next to the first one offers 12.099m2. Great access on a paved street to both plots, also having its own water well, a river floating along the plots as well as the small villa already being connected to electricity. Tolox is located between Alozaina and Coín, small villages located on the eastern slope of the Sierra de las Nieves and about 40km away from Marbella and 55km from Málaga city and the airport. Great potential for a weekend home, possibly a camping ground, to keep your horses or other animals or to run your own production of oil, fruits or vegetables.
Features
Setting
CountryClose To ShopsClose To Forest
Views
CountryPanoramic
Parking
Private
Utilities
ElectricityDrinkable Water
Category
Holiday HomesInvestmentResale
Costs and details
- IBI (property tax)
- € 450 / year
Amounts come straight from the listing and may change. I verify the community statutes, IBI and actual running costs before you sign.
Investment and buyer's costs
On top of the asking price of € 320.000 you budget 12 to 14% buyer's costs in Spain: transfer tax (ITP) or IVA, notary, registration and lawyer. For this property that comes to a total investment of around € 358.400 to € 364.800. In Tolox the gross rental yield on holiday lets is typically around 5 to 7%.
- Asking price
- € 320.000
- Buyer's costs (12 to 14%)
- € 38.400 – € 44.800
- Total investment
- € 358.400 – € 364.800
- Indicative gross rental yield
- 5 to 7%
Indicative. See the full buyer's costs.
Frequently asked questions
What does this land with ruin in Tolox cost on top of the asking price?
Budget 12 to 14% buyer's costs on top of the asking price of € 320.000. For this property that is roughly € 38.400 to € 44.800, so a total investment of around € 358.400 to € 364.800. That covers transfer tax (ITP) or IVA, notary, registration and lawyer.
Can I buy this property from abroad?
Yes. As your fixer, I arrange the whole process remotely: viewing (including by video), legal checks, NIE number and the transfer via a power of attorney. You don't have to travel to Spain for it.
What is the expected rental yield in Tolox?
Tolox typically returns 5 to 7% gross rental yield on holiday lets, depending on location, condition and licence. I work out the yield for this specific property with you.
Am I allowed to rent this property to tourists?
Tourist rental requires an RTA licence in Andalusia and approval under the community statutes. Not every complex allows it; I check this before the purchase so your rental plan is feasible.
Location
Land with Ruin in Tolox, Málaga province. I know the area, visit in person and send honest images of the surroundings.
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