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Ref: CDSS-88174
Property marketed by Stratus International Properties
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STUNNING LUXURY VILLAS IN PALO ALTO Impressive luxury villas. Four different designs so you can choose the one that best suits your needs and your dream life. Villas with 4 and 5 bedrooms. With private salt water infinity pool, double parking space and solarium. Welcome to your new way of life: it offers you tranquillity and privacy, and at the same time a vibrant community, where services and security are a priority. And without leaving its surroundings, you will be able to enjoy the gym, the owners' club or Serenity Valley, a central park with the main species native to the Palo Alto area. Very close to Marbella, considered the capital of the western Costa del Sol. Bathed by the sea and sheltered from the mountains, with splendid and extensive beaches of calm waters along 27 km of coastline, natural attractions, marinas, its 21 golf courses, and a wide gastronomic offer, from the typical "chiringuitos" beach bars and tapas bars, to the most luxurious Michelin-starred restaurants. All this, together with its microclimate with 320 days of sunshine a year, make Marbella one of the most sought-after destinations in Spain.
Property Features
- 4 bedrooms
- 6 bathrooms
- 891m² Build size
- 1,075m² Plot size
- Garden
- Private pool
- Gated
- Solarium: Yes
- Views: Sea
- Near Schools
- Near Commercial Center
- Near Bus Route
- Location: Coastal, Urbanisation
- Air Conditioning: Pre-Installed
- Near Golf / Golf Resort Property
- Double Bedrooms: 4
- Near Trees
- Gym
- Beach: 5000 Meters
- Terrace: 253 Msq.
- Useable Build Space: 707 Msq.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
292,000€
Final Payment of 90% on completion
2,655,000€
Property Purchase Expenses
Property price
2,950,000€
Transfer tax 10%
295,000€
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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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.