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Ref: MLSC8381900
Property marketed by The Property Group
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A very unique & recently renovated property set in Elviria (Marbella east) with amazing location and huge potentialThis South West facing one-level villa is distributed as follows:A nice & welcoming entrance area, 4 bedrooms, 2 en-suite (of which one is used as a second living room) a huge open plan kitchen, dining and salon leading out to the terrace and garden area with pool and gazebo Almost every living space has sea views, including the kitchen The master bedroom has access to the west facing terrace with lovely green & sea views From the hallway there is a staircase to a 200m2 roof terraceThere is storage as well as a garage accessible from road level, plus as a driveway with parking for 6 cars up to the entrance from another roadThe area itself is incredibly peaceful and private with few neighboursThe location is a 2 minute drive to the centre of Elviria, or a 10-15 minute walkThe villa built area is less than 50% of the allowed buildable area, meaning there is potential to subdivide and build a second house, or build another level on the current house, which would give access to one of the best views in Elviria, as seen from what is now the large 200m2 flat roof Plans are already in place with architect to construct another level within all town hall guidelines Potential to build or extend up to 130m2 more of living space
Property Features
- 4 bedrooms
- 3 bathrooms
- 225m² Build size
- 1,950m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
192,000€
Final Payment of 90% on completion
1,755,000€
Property Purchase Expenses
Property price
1,950,000€
Transfer tax 10%
195,000€
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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