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Ref: R5170858
Property marketed by Rainbow Realty Watermead Investments

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Opportunity! A 2 bed, 2 bath detached villa, on one level, in quiet residential area but within walking distance to all the amenities of Arroyo de la Miel, including the train station, supermarkets, restaurants, bars etc.
The property requires total refurbishment but this is reflected in the very low price. Once refurbished it will be a very desirable property in a much sought after location. Benefits off street parking.
Detached Villa, Benalmadena, Costa del Sol.
2 Bedrooms, 2 Bathrooms, Built 93 m², Terrace 20 m², Garden/Plot 288 m².
Setting : Town, Suburban, Close To Shops, Close To Schools.
Orientation : North, East, South, West.
Condition : Renovation Required.
Pool : Room For Pool.
Climate Control : Fireplace.
Views : Garden, Urban.
Features : Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Near Church.
Furniture : Part Furnished.
Kitchen : Partially Fitted.
Garden : Private.
Security : Alarm System.
Parking : Open, Private.
Utilities : Electricity.
Category : Bargain.
The property requires total refurbishment but this is reflected in the very low price. Once refurbished it will be a very desirable property in a much sought after location. Benefits off street parking.
Detached Villa, Benalmadena, Costa del Sol.
2 Bedrooms, 2 Bathrooms, Built 93 m², Terrace 20 m², Garden/Plot 288 m².
Setting : Town, Suburban, Close To Shops, Close To Schools.
Orientation : North, East, South, West.
Condition : Renovation Required.
Pool : Room For Pool.
Climate Control : Fireplace.
Views : Garden, Urban.
Features : Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Near Church.
Furniture : Part Furnished.
Kitchen : Partially Fitted.
Garden : Private.
Security : Alarm System.
Parking : Open, Private.
Utilities : Electricity.
Category : Bargain.
Property Features
- 2 bedrooms
- 2 bathrooms
- 93m² Build size
- 288m² Plot size
- Setting - Town
- Setting - Suburban
- Setting - Close To Port
- Setting - Close To Shops
- Setting - Close To Sea
- Setting - Close To Town
- Setting - Close To Schools
- Orientation - North
- Orientation - East
- Orientation - South
- Orientation - West
- Condition - Renovation Required
- Pool - Room For Pool
- Climate Control - Fireplace
- Views - Garden
- Views - Urban
- Features - Covered Terrace
- Features - Fitted Wardrobes
- Features - Near Transport
- Features - Private Terrace
- Features - Near Church
- Furniture - Part Furnished
- Kitchen - Partially Fitted
- Garden - Private
- Security - Alarm System
- Parking - Open
- Parking - Private
- Utilities - Electricity
- Category - Bargain
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
Property Purchase Expenses
Property price
265,000€
Transfer tax 10%
26,500€
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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