5 bedroom Villa for sale in Elviria, Málaga, Spain

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Ref: M498079

Property marketed by Spanish Estates

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This modern house offers the latest smart home technology with state of the art security system. The spacious villa comprises 5 bedrooms and is nested in a quiet and private area of Elviria, close to amenities and to the famous Nikki Beach.

The property is distributed on 3 levels offering beautiful views through the valley to the Mediterranean Sea. The large and bright living area with open kitchen is located on the ground floor with direct access to the outdoor area with large heated swimming pool and Jacuzzi and barbeque area. A perfect space to enjoy the special climate of Marbella! The middle floor offers 2 large bedrooms each with bathroom en-suite and dressing rooms. The upper floor comprises 2 additional bedrooms with bathrooms. An independent apartment with its own entrance completes the distribution. Both middle and upper floor provide stunning views to the sea.

The property has been built with the finest finishing materials, a nice combination of Italian limestone flooring and wood, high quality floor to ceiling glass windows and under floor heating and air conditioning throughout the house.

There is a garage for two cars.

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Property Features

5 bedrooms
7 bathrooms
663m² Build size
1,200m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

267,000€

Final Payment of 90% on completion

2,430,000€

Property Purchase Expenses

Property price

2,700,000€

Transfer tax 10%

270,000€

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:

2,700,000€

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%.