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Ref: CSP-V1389
Property marketed by Crystal Shore Properties
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reduced from 895.000! Newly built modern style villa with a Mediterranean design, occupying an elevated south facing position with panoramic sea views, located in the prestigious gated development of Sierra Blanca Country Club, only ten minutes drive from world famous Puerto Banus and Marbella offering a host of top class amenities. This detached villa comprises of three double bedrooms with fitted wardrobes, three en suite bathrooms, a guest cloakroom, a spacious living room with log fireplace feature, a dining area, a fully equipped kitchen with top quality appliances, a laundry room and access to large tiled patio area enjoying incredible views and a private swimming pool surrounded by tropical landscaped gardens. Highlights include under floor heated flooring with cream marble, air conditioning system, climalit windows, awnings, automatic irrigation system and 24 hour security. There is also a private one carport.
Property Features
- 3 bedrooms
- 3 bathrooms
- 252m² Build size
- 532m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
66,000€
Final Payment of 90% on completion
621,000€
Property Purchase Expenses
Property price
690,000€
Transfer tax 10%
69,000€
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.