5 bedroom Villa for sale in Marbella, Málaga, Spain

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MARBELLA / ELVIRIA AREA PRICE: €1,400, 000 (Expenses Not Included) Contact: BY "ELITE SPACES" and "DIAMOND REAL ESTATE SERVICES" Discover a unique opportunity for investors or for those seeking to enjoy authentic Andalusian charm This property offers enormous potential as a renovation project, allowing it to be transformed into a modern and exclusive home without losing its traditional Andalusian character and essence Furthermore, we have a team of architects and interior designers who can advise you throughout the entire renovation process and explain all the possibilities during your visit On the other hand, if you prefer to maintain its classic style, the house is in good condition and offers impressive sea views from practically every angle, being ready to move into A versatile property, ideal both as an investment and for enjoying a home with character in a privileged location For more information or to arrange a visit, do not hesitate to contact us PROPERTY LAYOUT AND FEATURES Surfaces • Plot: 1,033 m² • Built area: 466 m² • Terraces: 82 m² Layout • 5 spacious bedrooms • 5 full bathrooms Extras • Private pool • Garage • Entertainment area and gym

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Property Features

5 bedrooms
5 bathrooms
466m² Build size
1,033m² Plot size
Mountain Views
Garden
Gym

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€

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* 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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Spanish Property News & Updates by Spain Property Portal.com

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%.