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Ref: MLSC4565426
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A charming property in a picturesque tranquil residential area above Marbella center, with the most magnificent La Concha backdrop A fantastic investment opportunity located in a secure residential area in Marbella, La Montua, just 5 minutes from the centre of Marbella It has been perfectly built on a large elevated plot of 4396 m2, offering you the most spectacular sea views A south-facing estate which benefits from endless hours of sunlight, a unique layout distributed over three levels, with expansive living areas and generous bedrooms The basement can be converted into the ultimate entertainment space, a private gym or even cinema room The possibilities are endless! In addition, the plot boasts of enormous gardens, multiple covered lounge areas, a private largenpool and tennis court A true opportunity in a fantastic location in Marbella!
Property Features
- 7 bedrooms
- 5 bathrooms
- 692m² Build size
- 4,396m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
297,000€
Final Payment of 90% on completion
2,700,000€
Property Purchase Expenses
Property price
3,000,000€
Transfer tax 10%
300,000€
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.