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Ref: M499663
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This modern contemporary style villa has a prestigious location here at La Mairena with amazing views of the Mediterranean and the surrounding countryside and mountains.
Set up in a very high position it has the added benefit of established green zones both behind and in front of the Plot.
The area itself is on the East side of Marbella, capturing the best of both worlds, peace, quite and tranquillity, yet 10 short minutes to Elvira which is always bustling where excellent restaurants, bars and all the amenities are plentiful.
The beach line here is excellent; Marbella and Puerto Banus are close by and is only a 40 min drive to Malaga Airport.
Set up in a very high position it has the added benefit of established green zones both behind and in front of the Plot.
The area itself is on the East side of Marbella, capturing the best of both worlds, peace, quite and tranquillity, yet 10 short minutes to Elvira which is always bustling where excellent restaurants, bars and all the amenities are plentiful.
The beach line here is excellent; Marbella and Puerto Banus are close by and is only a 40 min drive to Malaga Airport.
Property Features
- 5 bedrooms
- 5 bathrooms
- 600m² Build size
- 1,517m² Plot size
- Swimming Pool
- air conditioning
- close to park
- close to schools
- fireplace
- heated swimming pool
- lift
- modern style
- mountain views
- newly built
- private garden
- sea views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
296,500€
Final Payment of 90% on completion
2,695,500€
Property Purchase Expenses
Property price
2,995,000€
Transfer tax 10%
299,500€
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.