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Ref: 664028
Property marketed by Lavanda Real Estate SL
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REDUCED FROM €1,950,000 TO €1,380,000! A truly stunning family home from which to enjoy life on the Costa del Sol. This amazing 5-bedroom villa - sitting on a 1,150m2 plot - is located in the prestigious neighbourhood of Torrequebrada, not far from the popular and bustling town of Benalmádena and only a short distance from the beautiful city of Málaga. Spread out over multiple levels, this stylish and contemporary home features 4 bathrooms, guest toilet, several bright and spacious living areas, childrenapos;s playroom, fully-fitted kitchen, wine cellar, double room with two areas connected to the dining room, hot/cold A/C throughout and garage. Other significant features of this property include a self-contained apartment, indoor and outdoor alarm system with 7 surveillance cameras, sub-tropical gardens and private swimming pool. The villa has a number of large terraces from which to enjoy stunning views towards the Mediterranean sea and mountains. Viewing is highly recommended!
Property Features
- 5 bedrooms
- 4 bathrooms
- 550m² Build size
- 850m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
135,000€
Final Payment of 90% on completion
1,242,000€
Property Purchase Expenses
Property price
1,380,000€
Transfer tax 10%
138,000€
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.