3 bedroom Cave House for sale

3 bedroom Cave House for sale

Mijas Costa, Málaga
640,000
 
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
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Ref: 428-05218P
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Unique real estate investment opportunity in one of the most sought-after areas of the Costa del Sol. This detached villa in Altos de Calahonda, located on a quiet cul-de-sac, offers privacy, spaciousness, and enormous potential for appreciation after renovation.

The property stands out for its traditional design, generous spaces, and multiple redistribution possibilities, making it an ideal option both for investors and for those looking to create a bespoke villa as a primary residence or holiday home.

Main features

Spacious double-height living room, very bright, with fireplace, ideal for creating a modern and welcoming space.

Independent kitchen, with the possibility of opening up or complete redesign.

Currently 3 bedrooms with en-suite bathrooms, with the possibility of expanding to 4 bedrooms after renovation.

Master suite on the upper floor, with large private bathroom and its own terrace.

Several terraces and a winter garden that expand the living space.

Air conditioning throughout the property.

Exterior and potential

Large private plot, with the possibility of building a private pool (currently has a communal pool).

Outdoor space ideal for a garden, chill-out area, or solarium.

Two parking spaces next to the property.

Very private setting, no traffic, perfect for relaxation.

Secure investment

The property comes with a complete renovation project already prepared, including budgets, allowing immediate commencement of works without unforeseen issues. This is a key advantage for investors seeking to optimize time and profitability.

Thanks to its location, layout, and improvement potential, this property offers an excellent opportunity for appreciation in an area with high demand for both holiday and residential rentals.

Property Features

  • 3 bedrooms
  • 4 bathrooms
  • 145m² Build size
  • 450m² Plot size
  • South orientation
  • 50 m² terrace
  • Carport garage
  • Private garden
  • Amenities near
  • Transport near
  • Air conditioning
  • Fireplace
  • Storage room
  • Living room
  • Sea view
  • Covered terrace
  • Fitted wardrobes
  • Gated community
  • Garden view
  • Panoramic view
  • Unfurnished
  • Close to children playground
  • Close to golf
  • Renovation Needed
  • Close to shops
  • Close to schools
  • Close to restaurants

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
61,000€
Final Payment of 90% on completion
576,000€
 
Property Purchase Expenses
Property price
640,000€
Transfer tax 10%
64,000€
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:
640,000€
Deposit:
Interest Rate:
%
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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.

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%.

Read More

Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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