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Ref: CSP-V0986
Property marketed by Crystal Shore Properties
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open to offers! Majestic villa for sale in El Paraiso Alto enjoying incredible panoramic views to the sea, mountains and golf course. This magnificent residence has been designed and built with high qualities by the actual owners and offers a faultless distribution over two main floors, plus a semi basement. The main floor comprises of a gorgeous entrance hall, leading through to a grand living room with study, ample dining room, kitchen diner, breakfast room, guest cloakroom, a double bedroom suite and an office. Furthermore there is an expansive terrace overlooking the garden, open terrace space and private swimming pool whilst enjoying the views. Upstairs offers an impressive open hall leading into three further bedroom suites, including a master with dressing room, all accessing a further terrace with views. The semi basement offers a wine cellar, multipurpose room, staff apartment and three car garage.
Property Features
- 5 bedrooms
- 5 bathrooms
- 1,002m² Build size
- 2,755m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
382,000€
Final Payment of 90% on completion
3,465,000€
Property Purchase Expenses
Property price
3,850,000€
Transfer tax 10%
385,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.