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This is an exclusive development of 5 luxury villas incorporating an avant-garde design that offers contemporary living at its best. Sitting on a hill top to the north of Fuengirola, each villa is designed to maximise the natural light and this is achieved by both the use of large floor-to-roof windows throughout and the south facing orientation to offer open unobstructed views to both the sea and mountains. Energy efficiency lies at the core of the construction philosophy to ensure a rating of A+, complementing the healthy ventilated spacious living area throughout. The project consists of 4 to 5 bedroom villas on plots 800m2 to 1000m2, underground secure parking, private swimming pool and outdoor dining area.
Property Features
- 4 bedrooms
- 3 bathrooms
- 289m² Build size
- 805m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
111,900€
Final Payment of 90% on completion
1,034,100€
Property Purchase Expenses
Property price
1,149,000€
Transfer tax 10%
114,900€
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.