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Investors look here!! This is a unique grand estate located in the best area in the lower part of Calahonda! It is in impeccable condition but needs renovation to be up to today's style. It is built 720 m2 and 120 m2 can be added. It has 2 levels with 2 sitting rooms, a dining room, 8 bedrooms, 7 1/2 bathrooms . The master suite is upstairs with a sitting area and a large south-facing terrace. This mansion sits on a plot of 3000 m2 that can be divided into 3 plots with an independent villa on each. The property can also be used as a smaller hotel. The location is very good with quick access to the coast road going towards Marbella or Malaga, a short walk to all the amenities that Calahonda offers including the beach!Detached Villa, Calahonda, Costa del Sol.8 Bedrooms, 7 Bathrooms, Built 720 m², Garden/Plot 3000 m².Setting : Close To Golf, Close To Shops, Close To Sea, Close To Schools.Orientation : South.Condition : Good.Pool : Private.Climate Control : Air Conditioning, Central Heating, Fireplace.Views : Garden.Features : Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Gym, Tennis Court, Guest Apartment, Storage Room, Utility Room, Ensuite Bathroom, Barbeque, Double Glazing, Staff Accommodation.Kitchen : Fully Fitted.Garden : Private, Landscaped.Security : Entry Phone.Parking : Underground, Garage, Covered, Street, More Than One, Private.Category : Investment, Luxury, Resale.
Property Features
- 8 bedrooms
- 7 bathrooms
- 720m² Build size
- 3,000m² Plot size
- Swimming Pool
- Garden - Landscaped
- Garden - Private
- Kitchen - Fully Fitted
- Features - Staff Accommodation
- Features - Double Glazing
- Features - Barbeque
- Features - Ensuite Bathroom
- Features - Utility Room
- Features - Storage Room
- Features - Guest Apartment
- Features - Tennis Court
- Category - Resale
- Category - Investment
- Parking - More Than One
- Category - Luxury
- Parking - Private
- Parking - Street
- Parking - covered
- Parking - Garage
- Features - Gym
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
232,000€
Final Payment of 90% on completion
2,115,000€
Property Purchase Expenses
Property price
2,350,000€
Transfer tax 10%
235,000€
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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