12 bedroom Villa for sale in Ermitas de Almayate, Málaga, Spain

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Ref: V097

Property marketed by David Santiago Inmobiliaria

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Great beachfront villa in Almayate. The property consists of three floors with elevator. On the entrance floor we find a hall hall, eleven bedrooms all exterior and four bathrooms. On the top floor a large distributor that leads us, on the left to a bedroom with balcony and wide unobstructed views from where you can see the sea, the mountain and Torre del Mar and on the right another balcony with mountain views. On the ground floor there is a kitchen and pantry. Large living room with unbeatable views, two living rooms, a bathroom, a toilet, large terrace with garden and private parking for several cars, equipped with electric gate. In addition to all this the property is fully fenced and has solar panels, hot and cold water tanks and a huge rustic / raw basement that is currently used as a storage room. The house is sold totally empty, without furniture or appliances. It is currently a geriatric center operating successfully.

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Property Features

12 bedrooms
5 bathrooms
419m² Build size
Furnished : No
Swimming pool : No

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

62,000€

Final Payment of 90% on completion

585,000€

Property Purchase Expenses

Property price

650,000€

Transfer tax 10%

65,000€

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.

Mortgage Calculator

Mortgage Amount:

650,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.