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Fantastic investment- & lifestyle project under construction in Benahavis!
Comprising in total 125 luxurious villas, with sales and construction divided into 5 phases
Phase 1 - 2 are under construction, with completion between January - September 2024.
Phase 3 - 5 will be completed between January - April 2025.
Prices from €2,300,000.
Most units include a carport, some a garage, ask us for information.
The project will offer 24-h security, maintenance of the stunning grounds with an abundance of olive trees, exclusive use of the Club House with heated indoor pool, full equipped gym, co-working area and sauna, and full maintenance of your private garden and pool.
There are 9 different designs to choose from with either 3 or 4 bedrooms, here we mention a few:
Villa Romero are 1 level villas with 3 bedrooms + 3 bathroom, with net living area of 160m2 + 100m2 terrace + 30m2 carport.
Villa Laurel are 2 level villas with 4 bedrooms + 4 bathrooms, with net living area of 213m2 + terrace 90m2 + 30m2 carport.
Villa Tomillo are 3 level villas with 3 bedrooms + 3 bathrooms. They are reversed models with bedroom downstairs and living areas upstairs with extra high ceilings, with net living area of 187m2 + terrace120m2 + carport 30m2.
Villa Lavanda are 2 level villas with 3 bedrooms + 3 bathrooms, offering 3,8 meter high ceilings on garden level. This model comes with a double garage.
SPECS include air-conditioning hot & cold, under floor by water in the whole house, except for bathrooms that have electric under floor heating, ceramic floors 90 x 90 cm, fully fitted kitchen with appliances from Siemens, built-in wardrobes in bedrooms, Climalit double glazing,
The gardens are delivered finished with private pools and irrigation system.
Reservation
To reserve a property you pay €15,000 to the developers account, with a 2 weeks cooling off period. After the 2 weeks a payment of €35,000 is required, payable to a bonded account with a public notary. The already paid €15,000 deposit will then also be sent to this bonded account.
With the building license confirmed, a private contract will be signed between the buyer and the seller, and the already paid €50,000 will be sent to the seller.
Private purchase contract
Within 3 weeks of obtaining the building license with payment of 30% of the full purchase price + VAT minus the paid deposit.
Structure
When the structure of the villa is up, with certificate by the architect it is time to pay an additional 20% of + VAT..
Final payment
Upon delivery of the property 50% of sales price plus IVA and applicable taxes
Comprising in total 125 luxurious villas, with sales and construction divided into 5 phases
Phase 1 - 2 are under construction, with completion between January - September 2024.
Phase 3 - 5 will be completed between January - April 2025.
Prices from €2,300,000.
Most units include a carport, some a garage, ask us for information.
The project will offer 24-h security, maintenance of the stunning grounds with an abundance of olive trees, exclusive use of the Club House with heated indoor pool, full equipped gym, co-working area and sauna, and full maintenance of your private garden and pool.
There are 9 different designs to choose from with either 3 or 4 bedrooms, here we mention a few:
Villa Romero are 1 level villas with 3 bedrooms + 3 bathroom, with net living area of 160m2 + 100m2 terrace + 30m2 carport.
Villa Laurel are 2 level villas with 4 bedrooms + 4 bathrooms, with net living area of 213m2 + terrace 90m2 + 30m2 carport.
Villa Tomillo are 3 level villas with 3 bedrooms + 3 bathrooms. They are reversed models with bedroom downstairs and living areas upstairs with extra high ceilings, with net living area of 187m2 + terrace120m2 + carport 30m2.
Villa Lavanda are 2 level villas with 3 bedrooms + 3 bathrooms, offering 3,8 meter high ceilings on garden level. This model comes with a double garage.
SPECS include air-conditioning hot & cold, under floor by water in the whole house, except for bathrooms that have electric under floor heating, ceramic floors 90 x 90 cm, fully fitted kitchen with appliances from Siemens, built-in wardrobes in bedrooms, Climalit double glazing,
The gardens are delivered finished with private pools and irrigation system.
Reservation
To reserve a property you pay €15,000 to the developers account, with a 2 weeks cooling off period. After the 2 weeks a payment of €35,000 is required, payable to a bonded account with a public notary. The already paid €15,000 deposit will then also be sent to this bonded account.
With the building license confirmed, a private contract will be signed between the buyer and the seller, and the already paid €50,000 will be sent to the seller.
Private purchase contract
Within 3 weeks of obtaining the building license with payment of 30% of the full purchase price + VAT minus the paid deposit.
Structure
When the structure of the villa is up, with certificate by the architect it is time to pay an additional 20% of + VAT..
Final payment
Upon delivery of the property 50% of sales price plus IVA and applicable taxes
Property Features
- 3 bedrooms
- 3 bathrooms
- 134m² Build size
- 722m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
227,000€
Final Payment of 90% on completion
2,070,000€
Property Purchase Expenses
Property price
2,300,000€
Transfer tax 10%
230,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.