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Ref: SV4535
Property marketed by Signature Villas SL
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South facing family villa on the popular Rafalet urbanisation having the potential to finish works to an unfinished renovation project with license and permissions in place. The property is located on a peaceful cul de sac, on a level south facing plot. Distributed over two floors as follows, on the lower floor the property has an unfinished project which can be completed to the requirements and taste of the new owners, consisting of, 3 double bedrooms, living/dining room, 2 bathrooms, open plan kitchen. on the upper floor, open plan kitchen with views over the pool and gardens, dining room, large bright sitting room, family bathroom, 1 double bedroom and a further single bedroom. Outside the property has well established gardens with 8m x 4m private swimming pool with various open and covered terrace areas, there is a driveway with ample parking for several cars and a large store room which is currently used as a utility room.
Generally, a good family villa which allows new owners to complete the unfinished building works to there own standards and taste, when complete this will make an excellent 5 bedroom family villa with large separate guest apartment which would be ideal for those looking to achieve rental revenue.
Generally, a good family villa which allows new owners to complete the unfinished building works to there own standards and taste, when complete this will make an excellent 5 bedroom family villa with large separate guest apartment which would be ideal for those looking to achieve rental revenue.
Property Features
- 5 bedrooms
- 3 bathrooms
- 279m² Build size
- 903m² Plot size
- Near Beach
- newly built
- close to all amenities
- close to restaurants
- pool
- private pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,500€
Final Payment of 90% on completion
400,500€
Property Purchase Expenses
Property price
445,000€
Transfer tax 8%
35,600€
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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