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8 new contemporary design villas in La Resina Golf on the New Golden Mile, Estepona East
These villas are bright houses with large open plan living areas that connect the best of interior and exterior living spaces by the use of large windows, natural stone and top quality materials throughout.
Quality materials have been used throughout and this is visible in the choice of beautiful open plan Italian kitchens which feature top appliances as well as the stylish bathrooms equipped with oversized showers and freestanding baths, wooden floors in the bedrooms and porcelain flooring throughout the rest of the villa are just a few of the highlights offered within this boutique development.
Payment terms: Deposit €35,850 followed by Pre-approved contract with payment of €83,650 - both will be deposited in escrow account at the public notary.
Upon final private purchase contract the buyer pays additional €358,500 + VAT / Hereafter 15 monthly payments of €47,800 + VAT during construction. Handover of title deed and keys at the public notary with final payment of €717,000 + VAT = Total €1,195,000. VAT is 10%.
Option to add basement of 112M2 against extra €185,000 + vat
Option to add roof top terrace of 96M2 against extra €65,000 + VAT
Property Features
- 3 bedrooms
- 3 bathrooms
- 330m² Build size
- 733m² Plot size
- Swimming Pool
Costing Breakdown
* 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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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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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.