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Ref: 5672MLV
Property marketed by Azul Villa
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Reform opportunity, southeast facing five bedroom Villa located on the New Golden Mile in Estepona, just steps from the beach, offering an ideal blend of space, privacy, and investment potential. Set on a generous plot, the property features bright interiors filled with natural light, five bedrooms, four bathrooms, and expansive outdoor spaces with a private swimming pool, landscaped gardens, an outdoor kitchen and bar area, and ample parking with a spacious double garage and driveway, perfect for relaxation or entertaining. While comfortable and ready to move into, the villa also provides excellent scope for renovation and modernization, presenting a rare opportunity to add value in one of the Costa del Sol’s most desirable locations, close to golf courses, international schools, Marbella, Puerto Banús, and the lively center of Estepona.
Property Features
- 5 bedrooms
- 5 bathrooms
- 446m² Build size
- 2,000m² Plot size
- Swimming Pool
- storage room
- near the beach
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
237,000€
Final Payment of 90% on completion
2,160,000€
Property Purchase Expenses
Property price
2,400,000€
Transfer tax 10%
240,000€
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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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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