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Ref: CSP-V1368
Property marketed by Crystal Shore Properties
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An excellent opportunity to aquire a contemporary turn-key villa in Monte Mayor, enjoying fabulous scenery of the mountains. This prestigious resort is a lovely countryside estate offering total privacy surrounded by nature and breathtakingly beautiful mountain scenery in the municipal of Benahavis. The project contains a fully furnished detached villa of five double bedrooms with four bathrooms, an open plan designer kitchen with adjacent dining area, a grand living room with fireplace and all connecting effortlessly with the terraces. Additionally there is a private saltwater swimming pool of 14x3.
Property Features
- 5 bedrooms
- 4 bathrooms
- 420m² Build size
- 3,500m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
117,000€
Final Payment of 90% on completion
1,080,000€
Property Purchase Expenses
Property price
1,200,000€
Transfer tax 10%
120,000€
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.