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Ref: CSP-ND823
Property marketed by Crystal Shore Properties
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Your chance to buy a modern villa at investor prices (subject to terms) Amazing value contemporary villas due completion December 2018, located on the sought after New Golden Mile between Marbella and Estepona, within walking distance of the beach with its new promenade and some fabulous restaurants. Each villa composes of an open plan distribution featuring a living-dining room, a kitchen diner (not included), guest cloakroom and there are sunny al fresco terraces accessing the private swimming pool. The top floor boosts three double bedrooms with fitted wardrobes and three terraces, as well as two bathrooms. The possibilities of adding extras are endless, including adding a basement, exterior BBQ kitchen, superior qualities, etc. This new resort of 101 villas will be part of a gated community with a café, mini-market, Spa and gym.
Property Features
- 3 bedrooms
- 2 bathrooms
- 225m² Build size
- 500m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
70,500€
Final Payment of 90% on completion
661,500€
Property Purchase Expenses
Property price
735,000€
Transfer tax 10%
73,500€
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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