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Ref: 428-04031P
Property marketed by Selection Med
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Located in the peaceful town of Elviria, East Marbella, this charming three-bedroom house offers a unique opportunity for those seeking a renovation project. With a built area of 241m² and a generous plot of 1,087m², this property provides ample space to design and create a personalized living environment tailored to individual tastes and needs. Its prime location ensures proximity to essential services and amenities, making it a valuable investment opportunity.
The house is functionally distributed with three spacious bedrooms and four bathrooms, offering a comfortable layout for families. This property invites a creative vision to transform its interiors into a cozy and modern retreat.
Situated close to the city center, schools, and a variety of restaurants, the property guarantees easy access to daily necessities and leisure activities. The convenient location is ideal for families with children or professionals seeking a well-connected residence. Additionally, the proximity to local amenities enhances the lifestyle of its future occupants.
Although the house currently lacks a swimming pool or garden, the ample plot offers potential for outdoor improvements, subject to planning permissions. The property presents an excellent opportunity for renovation, providing buyers with the freedom to modernize and adapt the space to their preferences. This house in Elviria stands out as a promising project for those interested in investing in a home with immense potential.
The house is functionally distributed with three spacious bedrooms and four bathrooms, offering a comfortable layout for families. This property invites a creative vision to transform its interiors into a cozy and modern retreat.
Situated close to the city center, schools, and a variety of restaurants, the property guarantees easy access to daily necessities and leisure activities. The convenient location is ideal for families with children or professionals seeking a well-connected residence. Additionally, the proximity to local amenities enhances the lifestyle of its future occupants.
Although the house currently lacks a swimming pool or garden, the ample plot offers potential for outdoor improvements, subject to planning permissions. The property presents an excellent opportunity for renovation, providing buyers with the freedom to modernize and adapt the space to their preferences. This house in Elviria stands out as a promising project for those interested in investing in a home with immense potential.
Property Features
- 3 bedrooms
- 4 bathrooms
- 241m² Build size
- 1,087m² Plot size
- South-east orientation
- Amenities near
- Street view
- Unfurnished
- Renovation Needed
- Close to town
- Close to schools
- Close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
74,500€
Final Payment of 90% on completion
697,500€
Property Purchase Expenses
Property price
775,000€
Transfer tax 10%
77,500€
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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