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Ref: M268833
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Villa located in La Sierrezuela (Mijas), a short distance from Fuengirola. Great location, in a peaceful environment but at same time close to amenities by car. This charming Andalusian style property is located on a beautiful plot with a nice views. You can enjoy the spacious terraces and pool area with beautiful views. Sunny and bright property with southwest orientation. Parking for several cars (2 of them inside the plot and another 3 outside). There is guest apartment with independent access next to the pool. Next to the apartment there is a game room or leisure area for the summer. There are fitted wardrobes in all the bedrooms, air conditioning, 2 fireplaces, storage room, etc... In need of renovation.
Property Features
- 4 bedrooms
- 4 bathrooms
- 350m² Build size
- 1,890m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
62,000€
Final Payment of 90% on completion
585,000€
Property Purchase Expenses
Property price
650,000€
Transfer tax 10%
65,000€
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.