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Ref: CSP-V1384
Property marketed by Crystal Shore Properties
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This fine contemporary home is set in an unbeatable beachside location on the New Golden Mile and is an absolute designers dream. The original property was renovated using state of the art technology, paying special attention to all the Hi-Tech details you can think of. This tropical oasis is in walking distance to one of the fine beaches in the area and close to some of the major golf courses of Marbella and Estepona. The two story home comprises five bedrooms of which three are en suite plus a guest apartment. The ground level offers a state of the art Gaggenau fitted kitchen, dining room, a large living area with fireplace and access to the pool and stunning pool house, fitted with bar, BBQ and one of four home theatres in this villa. Additionally there is an indoor pool with sauna. Some of the features include high-end domotics, underfloor heating, air conditioning, surround sounds system and fireplaces to mention a few.
Property Features
- 6 bedrooms
- 5 bathrooms
- 600m² Build size
- 1,550m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
177,000€
Final Payment of 90% on completion
1,620,000€
Property Purchase Expenses
Property price
1,800,000€
Transfer tax 10%
180,000€
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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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.