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Ref: R4813246
Property marketed by Mibro International Properties
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This stunning totally renovated detached 6 bed Villa, located in the sought after area of La Cerquilla, Nueva Andalucia, South facing with views and set in a peaceful location, but within all nearby amenities of Las Brisas, Los Naranjos and Puerto Banus. On entering the Villa with its grand hallway, leading through to a large open plan living dining and kitchen area, with high ceilings, fireplace and top quality appliances. Access from the living area then leads out to a covered terrace, garden and pool area. There are 5 guest bedrooms all En Suite, and the Msster bedroom with dressing area, En suite and private terrace. On the Lower level there is an Entertainment area, bodega, cinema room, gym, storage room and garage for 6 cars. Also there is further guest or staff apartment. The gardens are extensive with outdoor chi8ll out area, BBQ and heated pool. This is a property that must be seen
Property Features
- 6 bedrooms
- 6 bathrooms
- 890m² Build size
- 2,839m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
637,000€
Final Payment of 90% on completion
5,760,000€
Property Purchase Expenses
Property price
6,400,000€
Transfer tax 10%
640,000€
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.