4 bedroom Villa for sale in Velez Malaga, Málaga, Spain

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Ref: NBP-V00926

Property marketed by NERJA BEACH PROPERTIES

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This house has a total of 402 built meters and is distributed as follows. On the entrance floor is the garage, with space for 3/4 cars and a spacious room with a toilet and a storage room. It has a separate entrance with a staircase that leads us to the house that consists of four bedrooms, two full bathrooms, living room with south facing terrace, a large kitchen that leads to other terraces and the laundry area. On the upper floor you have another terrace. All exterior. Unobstructed views of the hermitage of Nuestra Señora de los Remedios, about 6 minutes / 4 km from the highway and 8 minutes / 5.5km from the beach. The Abbreviated Information Document is available to you. Expenses: Taxes (ITP or VAT+AND) + notary and registry fees. SDM

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Property Features

4 bedrooms
2 bathrooms
402m² Build size
Parking : YES
Furnished : Semi
Garden : Yes
Petfriendly : Yes
Private patio
Double glazing
Wardrobe/closet
Built-in kitchen
Closeby : Street/market
Closeby : Restaurants/bars.
Closeby : Drugstore
Closeby : School

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

19,150€

Final Payment of 90% on completion

199,350€

Property Purchase Expenses

Property price

221,500€

Transfer tax 10%

22,150€

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:

221,500€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* 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%.