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Ref: 710179
Property marketed by Lavanda Real Estate SL
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Magnificent five-bedroom, south-facing villa situated in the prestigious Village Las Lomas de Magna Marbella complex on Marbella's Golden Mile. The community offers 24-hour security service, two large community pools, and lush tropical gardens of exceptional beauty. The villa enjoys a prime location, close to all amenities, including supermarkets, shops, restaurants, schools, and golf courses, and is only a five-minute drive from the sea. The property is distributed over three floors; the main floor features a spacious entrance hall; a living room with direct access to the terrace; a fully fitted kitchen; dining area; guest bedroom with an en-suite bathroom; and a guest toilet. The lower floor comprises of the master suite with a walk-in closet and access to the terrace; three guest suites; laundry room; and access to the double garage. The upper-level leads to the spacious solarium with jacuzzi and stunning sea and mountain views. Additional features include hot and cold air conditioning, underfloor heating, an elevator connecting all levels, and a private garage for two cars.
Property Features
- 5 bedrooms
- 5 bathrooms
- 573m² Build size
- 573m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
222,000€
Final Payment of 90% on completion
2,025,000€
Property Purchase Expenses
Property price
2,250,000€
Transfer tax 10%
225,000€
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.