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Ref: R4804414
Property marketed by Malaga Homes Monsoleil
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Detached Villa, Málaga East, Costa del Sol.
7 Bedrooms, 4 Bathrooms, Built 354 m², Garden/Plot 689 m².
Setting : Close To Town.
Condition : Excellent.
Pool : Private.
Views : Sea.
Features : Fitted Wardrobes, Near Transport, Private Terrace, Double Glazing.
Kitchen : Fully Fitted.
Garden : Private.
Parking : More Than One, Private.
Category : Investment, Reduced.
7 Bedrooms, 4 Bathrooms, Built 354 m², Garden/Plot 689 m².
Setting : Close To Town.
Condition : Excellent.
Pool : Private.
Views : Sea.
Features : Fitted Wardrobes, Near Transport, Private Terrace, Double Glazing.
Kitchen : Fully Fitted.
Garden : Private.
Parking : More Than One, Private.
Category : Investment, Reduced.
Property Features
- 7 bedrooms
- 4 bathrooms
- 354m² Build size
- 689m² Plot size
- Swimming Pool
- Setting - Close To Town
- Condition - Excellent
- Pool - Private
- Views - Sea
- Features - Fitted Wardrobes
- Features - Near Transport
- Features - Private Terrace
- Features - Double Glazing
- Kitchen - Fully Fitted
- Garden - Private
- Parking - More Than One
- Parking - Private
- Category - Investment
- Category - Reduced
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
152,500€
Final Payment of 90% on completion
1,399,500€
Property Purchase Expenses
Property price
1,555,000€
Transfer tax 10%
155,500€
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.