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Ref: YPIS2977
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A fantastic investment opportunity to purchase a magnificent villa over looking the bay of Malaga and the Guadalhorce Valley.The villa is in an upmarket gated urbanization in Alhaurin El Grande, and is on one of the highest plots maximizing the stunning views.
In total the villa is over 1000m2 built over 4 floors and includes a lift to all floors,and has a plot of 3965M2 with includes many terraces and private pool.
The main house consists of large lounge with double height ceiling with fireplace,dining room and kitchen, all 4 bedrooms have ensuite bathrooms. In the basement there is a bodega,and space for fitness room and much more space for other options such as cinema room etc.
There is a guest wing again offering living room and kitchen with 3 bedrooms and bathrooms.
Finally the staff wing has 2 bedrooms with shower utility rooms and laundry.
At present the villa is around 50% constructed and the purchaser has the opportunity to put there own stamp on the finish it can be bought in its current state or we can assist in total project management.
Early viewing is highly recommended on this investment opportunity
In total the villa is over 1000m2 built over 4 floors and includes a lift to all floors,and has a plot of 3965M2 with includes many terraces and private pool.
The main house consists of large lounge with double height ceiling with fireplace,dining room and kitchen, all 4 bedrooms have ensuite bathrooms. In the basement there is a bodega,and space for fitness room and much more space for other options such as cinema room etc.
There is a guest wing again offering living room and kitchen with 3 bedrooms and bathrooms.
Finally the staff wing has 2 bedrooms with shower utility rooms and laundry.
At present the villa is around 50% constructed and the purchaser has the opportunity to put there own stamp on the finish it can be bought in its current state or we can assist in total project management.
Early viewing is highly recommended on this investment opportunity
Property Features
- 9 bedrooms
- 9 bathrooms
- 1,087m² Build size
- 3,965m² Plot size
- Swimming Pool
- renovation needed
- guest apartment
- fireplace
- beautiful garden
- garden
- terrace
- covered terrace
- off road parking
- private pool
- lift
- unfurnished
- mountain views
- store room
- countryside views
- basement
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
84,500€
Final Payment of 90% on completion
787,500€
Property Purchase Expenses
Property price
875,000€
Transfer tax 10%
87,500€
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.