6 bedroom Villa for sale in Elviria, Málaga, Spain

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Ref: MLSC8107743

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Investment opportunity! Priced for a quick saleVilla with 4 bedrooms and independent apartment with 2 bedrooms in need of renovationOn the Ground level you will find an open plan living and dining area leading out to a nice south facing terrace On the same level you have the kitchen, & a guest bathroomOn the first floor you have 4 bedrooms, 3 bathrooms of which two are en-suite The master bedroom has a fantastic terrace with phenomenal views towards the sea and MarbellaAll rooms and bathrooms are very largeIn the basement you will find the independent Apartment, which could be used as a staff apartment, Cinema, Gym or entertainment room It has 2 bedrooms, one bathroom, a large open plan living and dining area and open plan kitchen and laundry roomThe terrace and pool area are nicely tiled with Italian quality tiles Bohemian GardenGreat sea and mountain views from most rooms and garden levelParking for 8 cars

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Property Features

6 bedrooms
5 bathrooms
305m² Build size
1,092m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

137,000€

Final Payment of 90% on completion

1,260,000€

Property Purchase Expenses

Property price

1,400,000€

Transfer tax 10%

140,000€

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.

Mortgage Calculator

Mortgage Amount:

1,400,000€

Deposit:

€

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Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.