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Discover a unique investment opportunity in a luxury villa that offers you guaranteed income By purchasing bare ownership of this impressive residence, the usufructuaries agree to pay rent until the moment of their death, while assuming all associated expenses, including maintenance and suppliesThis independent villa, which combines the fusion of two semi-detached houses into one, is located just 700 meters from Los Locos beach, offering a privileged location to enjoy the coastal environment With 255 square meters built on a plot of 800 square meters, this property has a large 10 square meter solarium to enjoy the sun and the sea breezeCompletely renovated and equipped with 3 double bedrooms, each with its full en-suite bathroom, this residence also offers a private swimming pool, an outdoor toilet next to the pool, a closed garage and an additional parking space in the garden In addition, it has two kitchens, one American and one French, which make the property even more versatileThe investment is reinforced by the presence of 24 photovoltaic solar panels, which help reduce energy costs The large garden, with terraces, a pond and a wide variety of trees, provides a calm and relaxing environment to enjoy natureBuilt in 1979, this chalet has an IBI of €530 and an additional €458, but there are no community fees, which makes it an even more attractive investmentDon't miss this unique investment opportunity in a luxury villa with guaranteed income and great resale potential in the coming years Contact us today to learn more!
Property Features
- 3 bedrooms
- 3 bathrooms
- 255m² Build size
- 800m² Plot size
- Laundry Room
- Fitted wardrobes
- Furnished
- Garage
- Roof Terrace
- Terrace
- Utility room
- White goods
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
64,500€
Final Payment of 90% on completion
607,500€
Property Purchase Expenses
Property price
675,000€
Transfer tax 8%
54,000€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.