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Spacious 3-bedroom Corner Villa in El Faro!
Situated in the picturesque area of El Faro, this corner villa is a hidden gem brimming with potential. Featuring three bedrooms and three bathrooms, a private pool, and an expansive garden, this property offers a perfect canvas for renovation or a lucrative rental investment.
Distributed in 2 levels, the main entrance takes to a large, bright living room with its own cozy fireplace, dining area and leads to a big terrace perfect for enjoying the beautiful Costa del Sol's evenings with family and friends. The kitchen is large and fully fitted and has the plus of leading to a large extra patio that has been partly covered and partly left opened for an extra living/dining area! On this main floor there are 2 bedrooms and 2 bathrooms.
Reaching down through a spiral staircase you reach an independent large bedroom with dressing area and a large bathroom. This private bedroom has direct access to the outdoor area of gardens, a versatile space with great potential for landscaping, creating a play area, or setting up a barbecue and dining area. At the back of the villa: the private pool, perfect for cooling off during hot summer days and hosting pool parties with friends and family.
The villa also has a covered private garage and a storage room, and regarding location benefits, El Faro is renowned for its tranquil ambiance and scenic beauty. The villa's location offers peace and privacy while still being close to local amenities. Beaches, shops, restaurants, and public transport are all within easy reach, making it an ideal spot for both permanent residence and holiday rentals.
Whether you're looking to renovate and create your dream home or seeking a property with high rental potential, this villa is a fantastic opportunity. With its desirable location, spacious layout, and ample outdoor space, it's poised to become a sought-after rental property or a luxurious family home.
Situated in the picturesque area of El Faro, this corner villa is a hidden gem brimming with potential. Featuring three bedrooms and three bathrooms, a private pool, and an expansive garden, this property offers a perfect canvas for renovation or a lucrative rental investment.
Distributed in 2 levels, the main entrance takes to a large, bright living room with its own cozy fireplace, dining area and leads to a big terrace perfect for enjoying the beautiful Costa del Sol's evenings with family and friends. The kitchen is large and fully fitted and has the plus of leading to a large extra patio that has been partly covered and partly left opened for an extra living/dining area! On this main floor there are 2 bedrooms and 2 bathrooms.
Reaching down through a spiral staircase you reach an independent large bedroom with dressing area and a large bathroom. This private bedroom has direct access to the outdoor area of gardens, a versatile space with great potential for landscaping, creating a play area, or setting up a barbecue and dining area. At the back of the villa: the private pool, perfect for cooling off during hot summer days and hosting pool parties with friends and family.
The villa also has a covered private garage and a storage room, and regarding location benefits, El Faro is renowned for its tranquil ambiance and scenic beauty. The villa's location offers peace and privacy while still being close to local amenities. Beaches, shops, restaurants, and public transport are all within easy reach, making it an ideal spot for both permanent residence and holiday rentals.
Whether you're looking to renovate and create your dream home or seeking a property with high rental potential, this villa is a fantastic opportunity. With its desirable location, spacious layout, and ample outdoor space, it's poised to become a sought-after rental property or a luxurious family home.
Property Features
- 3 bedrooms
- 3 bathrooms
- 132m² Build size
- 808m² Plot size
- Swimming Pool
- close to golf
- utility room
- fitted kitchen
- air conditioning
- fireplace
- beautiful garden
- easily maintained gardens
- garden
- terrace
- covered terrace
- courtyard
- barbecue
- garage
- private pool
- alarm system
- electric blinds
- gated complex
- fitted wardrobes
- furnished
- garden & pool views
- mountain views
- solar water heating
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
60,000€
Final Payment of 90% on completion
567,000€
Property Purchase Expenses
Property price
630,000€
Transfer tax 10%
63,000€
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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