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Villa/finca for sale East of Estepona town, near the Hospiten Hospital, in the middle of the New Golden Mile.
It requires reform but nevertheless presents an opportunity due to size and location. Facing South, it is within easy walking distance to the beach and boardwalk of Estepona.
The main house hosts a living area with kitchen, two bedrooms, and two bathrooms. There is a separate house with three more bedrooms, sharing a bathroom.
Covered terraces and a private swimming pool. Plenty of parking space.
It requires reform but nevertheless presents an opportunity due to size and location. Facing South, it is within easy walking distance to the beach and boardwalk of Estepona.
The main house hosts a living area with kitchen, two bedrooms, and two bathrooms. There is a separate house with three more bedrooms, sharing a bathroom.
Covered terraces and a private swimming pool. Plenty of parking space.
Property Features
- 5 bedrooms
- 3 bathrooms
- 139m² Build size
- 748m² Plot size
- Swimming Pool
- renovation needed
- near beach
- close to golf
- fitted kitchen
- fireplace
- beautiful garden
- garden
- terrace
- parking
- private pool
- unfurnished
- separate guest accommodation
- close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
69,500€
Final Payment of 90% on completion
652,500€
Property Purchase Expenses
Property price
725,000€
Transfer tax 10%
72,500€
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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