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Property marketed by The Property Group
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This is a very unique opportunity to purchase an elite home in the heart of Málaga's historic center, but yet away from all the noise of city lifeThe house was rebuilt 10 years ago upholding a very high design and construction standards sparing no detail Its location is highly exclusive and desirable A rare find in one of Malaga's few pedestrian squares with beautiful all-year green vertical gardens and wonderful city views from the rooftopA typical Andalusian entrance welcomes you with 3 bedrooms and 3 bathrooms ensuite There is also a tiled indoor patio with a fountain and plants to have a drink and relax from a busy dayOn the first floor you will find the livingroom with a fireplace, dining area and high-end kitchen with all appliances High windows and skylight gives the space a warm natural light for your cooking time and dining eventsThe last 3 rooms you will find on the next floor, where the current owners have their master bedroom, walk in closet and bathroom ensuite, office and a spareroomHigh ceilings, original moldings and doors bring plenty of old charm to the comfort of modern livingThe best part of this singular home is upstairs, where the big private roof top has a fantastic view over the city and towards the cathedral with two separate sitting areas among fruit trees and local plantsThroughout the whole house there is underfloor heating on water for both heating and coolingIt is prepared for a lift to be installed in the house if neededThe owner rents a parking spot nearby the house for 130€ per monthThe house is impeccable, a rare jewel ready to move in, with all licenses in place and registrations It could be your grand family home or dream exclusive B&B in the historic center of Málaga
Property Features
- 5 bedrooms
- 4 bathrooms
- 265m² Build size
- Laundry Room
- Double Glazing
- Ensuite Bathroom
- Entry Phone
- Excellent
- Fiber Optic
- Fitted Wardrobes
- Near Transport
- Private Terrace
- Solarium
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
196,500€
Final Payment of 90% on completion
1,795,500€
Property Purchase Expenses
Property price
1,995,000€
Transfer tax 10%
199,500€
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.