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Ref: OL539Joyce
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Charming villa with great renovation potential in Paraiso Medio.
Located in the sought-after and peaceful area of Paraiso Medio, this charming villa sits on a generous and flat plot of 1,630 m² and offers an excellent opportunity for renovation and value enhancement. With a south to west orientation, the property enjoys natural light throughout the day as well as a quiet and private setting.
The villa features a comfortable living and dining area, a fitted kitchen, a main bedroom with en-suite bathroom, and two guest bedrooms sharing a bathroom. The main living spaces open directly onto a covered terrace and the mature garden, creating a pleasant indoor–outdoor flow.
Additional features include storage space and a carport. While there is currently no swimming pool, the size and layout of the plot allow for the easy installation of one, offering the potential to transform the property into a wonderful family home or an attractive investment.
Set within a tranquil residential area yet within walking distance of amenities, shops, restaurants, golf courses and the beach, this property combines privacy with convenience.
A solid renovation project with excellent potential in one of the New Golden Mile’s most established residential areas.
Located in the sought-after and peaceful area of Paraiso Medio, this charming villa sits on a generous and flat plot of 1,630 m² and offers an excellent opportunity for renovation and value enhancement. With a south to west orientation, the property enjoys natural light throughout the day as well as a quiet and private setting.
The villa features a comfortable living and dining area, a fitted kitchen, a main bedroom with en-suite bathroom, and two guest bedrooms sharing a bathroom. The main living spaces open directly onto a covered terrace and the mature garden, creating a pleasant indoor–outdoor flow.
Additional features include storage space and a carport. While there is currently no swimming pool, the size and layout of the plot allow for the easy installation of one, offering the potential to transform the property into a wonderful family home or an attractive investment.
Set within a tranquil residential area yet within walking distance of amenities, shops, restaurants, golf courses and the beach, this property combines privacy with convenience.
A solid renovation project with excellent potential in one of the New Golden Mile’s most established residential areas.
Property Features
- 3 bedrooms
- 2 bathrooms
- 146m² Build size
- 1,630m² Plot size
- céntrico
- exterior
- jardín
- parking
- terraza
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
134,500€
Final Payment of 90% on completion
1,237,500€
Property Purchase Expenses
Property price
1,375,000€
Transfer tax 10%
137,500€
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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