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This Villa sets a new benchmark for refined living within the prestigious El Madroñal area in Benahavís Designed by renowned architect Marcio Kogan in collaboration with Lamar Development Positioned in one of the most sought-after gated communities, the south-west facing villa offers sweeping panoramic views of the Mediterranean Sea and the surrounding mountain ranges The design merges seamlessly with its beautifully landscaped garden, where apristine swimming pool takes center stage amidst the natural surroundings This residence comfortably spans three levels, providing an expansive living area that features seven bedrooms, each with its own en-suite bathroom, and an additional guest toilet The villa's design cleverly invites natural light to flood the interior spaces and offers fluid transitions between indoor and outdoor areas Exhibiting an open-plan layout, it presents generous spaces for entertainment or relaxation, with expansive terraces poised as inviting spots for al fresco dining or quiet reflection under the Andalusian sun Inside, every detail articulates modern sophistication, with amenities that include a heated swimming pool and Turkish bath, as well as a private cinema room and wine cellar These indulgent features create an environment where luxury meets comfort Furnishings throughout the villa are selected to echo the modern architectural lines, ensuring an ambiance that is both elegant and welcomingKnown for its tranquility and lush environment, El Madroñal provides the perfect backdrop for this luxurious property As a gated community, it ensures an exceptional level of privacy and security, appealing to those who valueseclusion without sacrificing convenience The neighborhood's proximity to essential amenities is a mere 15-minute drive, including access to local shops, schools, and the enchanting beaches of the region El Madroñal's environment is celebrated for its flowing landscapes, extensive walking trails, and a close connection to the natural charm of Benahavís
Property Features
- 7 bedrooms
- 8 bathrooms
- 1,163m² Build size
- 4,874m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,077,000€
Final Payment of 90% on completion
9,720,000€
Property Purchase Expenses
Property price
10,800,000€
Transfer tax 10%
1,080,000€
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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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.