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This exclusive luxury bungalow enjoys a magnificent south-facing garden, giving it privileged solar exposure and partial golf views Its last major refurbishment took place in 2013, with the construction by the Bonifacio Solis construction company In 2024, the villa has been carefully maintained, renovated and decorated by Matterhorn Estates The landscaping of the property is the work of the renowned company Fantastic Garden, which has worked on the integration of exceptional plant species The villa enjoys an impressive botanical richness, with specimens of great size and maturity that provide a sense of exclusivity and exuberance Species of note include majestic ficus trees, Washingtonia robusta palms, Strelitzia nicolai (Giant Bird of Paradise), deep violet jacarandas in bloom, as well as towering specimens of Agave americana and Cycas revoluta In addition, the property features tropical hibiscus, Kentias and dracaena, which reinforce its exotic and sophisticated character The property spans 603m² on a generous 3,062m² flat plot, seamlessly blending with its surroundings Its single-level bungalow layout ensures effortless flow, with all bedrooms offering direct access to the beautifully landscaped mature gardenThe villa features a wraparound covered terrace, perfect for year-round outdoor living Inside, the home boasts an entrance hall with garden, a lounge opening onto the terrace and garden, a stunning open-plan professional Danespan kitchen with a large central island and 2 dining areas The villa offers 5 serene bedrooms and 5 bathrooms, including two spacious en-suite bedrooms with direct garden access Additional highlights include 2 very large living rooms, a home library and home office Additional features include a garage for up to 4 cars, a water tank, Lutron lighting, and Technal security windows, ensuring unparalleled comfort and safety in this magnificent homeThis exceptional property embodies the essence of luxury living in La Cerquilla, Nueva Andalucía With its prestigious location, stunning garden for year-round enjoyment, and close proximity to world-class amenities, it is an ideal retreat for those seeking serenity in a vibrant, upscale environment The combination of history, architecture and nature make Villa Palm Springs a unique jewel in the heart of La Cerquilla, reflecting the evolution of Marbella from a bohemian jet-set destination in the 1970s to the enclave of luxury and exclusivity it is today
Property Features
- 5 bedrooms
- 5 bathrooms
- 603m² Build size
- 3,062m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
747,000€
Final Payment of 90% on completion
6,750,000€
Property Purchase Expenses
Property price
7,500,000€
Transfer tax 10%
750,000€
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.