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Ref: 745-00049P
Property marketed by Spanish Legal Homes
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This villa designed with Balinese inspiration, offers a serene setting. The villa exudes a warm and inviting atmosphere through the use of organic materials like stone and natural wood. This creates a cozy, resort-like ambiance that truly makes you feel at home.The tropical gardens provide tranquil spaces for relaxation, allowing you to fully appreciate the outdoor features of your residence. Located within walking distance to the beach, amenities, and the renowned Puerto Banus, this residence serves not only as an exceptional holiday retreat but also as a lucrative rental investment, promising a high annual ROi percentage.745-00049P
Property Features
- 4 bedrooms
- 4 bathrooms
- 176m² Build size
- 487m² Plot size
- Amenities near
- Air conditioning
- Fully fitted kitchen
- Private terrace
- Covered terrace
- Fitted wardrobes
- Close to sea / beach
- Close to golf
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
262,000€
Final Payment of 90% on completion
2,385,000€
Property Purchase Expenses
Property price
2,650,000€
Transfer tax 10%
265,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.