9 bedroom Villa for sale in New Golden Mile, Málaga, Spain

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Ref: M534556

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SPECTACULAR FIRST LINE BEACH MANSION with an impressive double height entrance hall and wooden beams. Two stairs on either side lead to the upper floor. The large living room with terracotta and wood floors opens onto the large terrace. Separate dining room. Guest toilet and an office with built-in wardrobes. Two large bedrooms with en-suite bathrooms. Laundry room, pantry, service bathroom.

On the upper floor is the large master bedroom with a vaulted ceiling decorated with wooden beams and a "mezzanine" that can be used as a library. It also has two separate dressing rooms and a spacious bathroom with a bathtub, shower and combined wood and clay floors. On this same floor there are 5 more bedrooms with four bathrooms and a guest toilet.

In the basement there is a huge 600m2 garage for more than 10 cars, a service bedroom and bathroom and two water tanks. Exterior carpentry is made of aluminum with double glazing and electric shutters. The interior carpentry is solid oak.
The house is being sold fully furnished and decorated.

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Property Features

9 bedrooms
9 bathrooms
1,700m² Build size
5,500m² Plot size
Swimming Pool
24 hour security
air conditioning
alarm system
beachside
close to park
close to schools
double glazing
fireplace
frontline beach
gym
pool views
private garden
sea views
swimming pool
underfloor heating
walking distance to beach

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,187,000€

Final Payment of 90% on completion

10,710,000€

Property Purchase Expenses

Property price

11,900,000€

Transfer tax 10%

1,190,000€

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.

Mortgage Calculator

Mortgage Amount:

11,900,000€

Deposit:

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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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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.