7 bedroom Villa for sale in Marbella, Málaga, Spain

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Ref: CSP-V1478

Property marketed by Crystal Shore Properties

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Spectacular location in the heart of the Golden Mile, this is truly a rare opportunity to find a plot of this size (2,532 sq.m) so close to the beach and amenities in the most luxurious residential area in Marbella. Renovation project for a substantial villa with guest house on the Golden Mile and within a 5 minute walk to the promenade at Coral Beach. The property is comprised of a main house with 5 bedrooms and a guest house with 2 bedrooms and a bathroom. The most prestigious of the 5-star hotels in Marbella are located here: Puente Romano and Marbella Club. Both have exceptional facilities plus Michelin-star holder Dani García owns two restaurants on the Golden Mile. Full renovation/modernisation project available upon request.

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Property Features

7 bedrooms
7 bathrooms
481m² Build size
2,532m² Plot size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

172,000€

Final Payment of 90% on completion

1,575,000€

Property Purchase Expenses

Property price

1,750,000€

Transfer tax 10%

175,000€

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.

Mortgage Calculator

Mortgage Amount:

1,750,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.