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Ref: M495307
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A renovated villa with quality finishes and with extended living area of 200 m2, in a much sought-after residential area above the Golden Mile. The property is surrounded by a magnificent and mature garden with a large swimming pool. Driveway leads to the main entrance and to a separate garage for 2 cars. Accommodation comprises on the entrance level: hall with guest toilet; a beautiful, spacious rustic kitchen with breakfasting area and a separate laundry room; a large living room with fireplace, a separate dining area and access to a lovely and large covered terrace, another sunny terrace and garden. Bedroom with bathroom; staff apartment with an independent access;. Going upstairs: 3 further bedrooms with bathrooms including an enormous master suite with fireplace and access to a large ...
Property Features
- 5 bedrooms
- 5 bathrooms
- 470m² Build size
- 1,906m² Plot size
- Swimming Pool
- air conditioning
- gated complex
- private garden
- swimming pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
247,000€
Final Payment of 90% on completion
2,250,000€
Property Purchase Expenses
Property price
2,500,000€
Transfer tax 10%
250,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.