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Ref: M268417
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Lovely Villa with 6 guest apartments, breath-taking views and only 3 minutes to Estepona.High Rental potential and a great place to be!Located in LOS REALES close to Sierra Bermeja National Park, upon a quiet hill southwest facing with breath-taking panoramic views to the Mediterranean, the mountains, Estepona and even to Gibraltar and the African Coastline! A fantastic 7-bedroom villa with a heated swimming pool, a double garage and totally private, very maintained garden with its own well, a fifty thousand litre water tank, solar heating for water, pool and spa, many orange and other fruit trees and garden lights. The Andalusian style villa is of solid quality and offers light-flooded rooms, 6 guest apartments with own living room and bathroom and brand new aircon h/c. A big open kitchen and dining/living area, lots of terraces with stunning views and totally privacy! All this just a 3 km drive to the beautiful beaches of flower garden city Estepona with all the great restaurants and amenities and less than 10 minutes' drive to San Pedro and Marbella.This very private property could be interesting for someone who is looking for short term rentals (the tourist licence is for 20 persons), or the combination of living and business at the same place. Viewings highly recommend.
Property Features
- 7 bedrooms
- 6 bathrooms
- 357m² Build size
- 3,915m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
132,000€
Final Payment of 90% on completion
1,215,000€
Property Purchase Expenses
Property price
1,350,000€
Transfer tax 10%
135,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.