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Ref: EFML1596V
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Designed by Gonzalez Jacobsen, Marbella's leading architectural studio and carefully crafted by the Bonifacio Solís construction company, these twin villas share a perfect pedigree.As a design and construction partnership, they have been responsible for some of the most prestigious residential projects in the area, and their expertise, creativity and flair is being fully expressed in these magnificent homes.The prime El Paraiso location offers breathtaking sea views and a tranquillity rarely found so close to the coast.These spacious contemporary villas offer open living spaces for pure Mediterranean living with a gentle blend of indoor and outdoor living leading from ample interiors with large picture windows to the wide terraces and pool areas.Construction and features are state of the art and to the highest standardsand include every luxury including an indoor spa, double swimmming pools and garaging for several vehicles.
Property Features
- 7 bedrooms
- 10+ bathrooms
- 1,402m² Build size
- 2,000m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
872,000€
Final Payment of 90% on completion
7,875,000€
Property Purchase Expenses
Property price
8,750,000€
Transfer tax 10%
875,000€
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.