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Villa for sale in Mijas Costa consisting of a living room with fireplace, a dining room, 5 bedrooms, 5 bathrooms, a fully fitted kitchen and several terraces. Separate two bedroom apartment. Heated pool. Jacuzzi. Garage. Stables. Plot: 62.000m2. Currently running as wedding venue and holiday rentals.
Property Features
- 5 bedrooms
- 5 bathrooms
- 700m² Build size
- 62,000m² Plot size
- Swimming Pool
- lounge dining area
- independent apartment
- fitted kitchen
- air conditioning
- floor heating
- solar power
- automatic irrigation system
- beautiful garden
- terrace
- garage
- private pool
- heated pool
- marble floors
- double glazing
- jacuzzi
- residential area
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
247,000€
Final Payment of 90% on completion
2,250,000€
Property Purchase Expenses
Property price
2,500,000€
Transfer tax 10%
250,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.