5 bedroom Villa for sale in Estepona, Málaga, Spain

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Ref: EFML4860F

Property marketed by España Dream Properties

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This is a prime chance to acquire a charming older villa brimming with exceptional renovation potential or the opportunity for a complete rebuild. Situated in the highly desirable enclave of El Paraíso Medio, the property promises endless possibilities. Boasting a south-facing position, it benefits from abundant sunlight throughout the day, creating a bright and welcoming ambiance. Nestled on an expansive 2,500 m² plot, it offers plenty of room to transform into a modern luxury residence, complete with landscaped gardens and a private pool. Its location is unparalleled, with shops, restaurants, and amenities just a short walk away, while the beach, golf courses, and the bustling towns of Estepona and Marbella are only minutes away by car. An exceptional investment or redevelopment prospect in one of the most sought-after residential neighborhoods on the Costa del Sol.

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Property Features

5 bedrooms
2 bathrooms
220m² Build size
2,465m² Plot size
south
Storage room
Renovation Required
private-garden
Private Terrace
Private pool
Private
Not furnished
Not Fitted
Investment
Close to town
Close to Shops
Close to Sea
Close to schools
Close to Golf

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

112,000€

Final Payment of 90% on completion

1,035,000€

Property Purchase Expenses

Property price

1,150,000€

Transfer tax 10%

115,000€

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:

1,150,000€

Deposit:

€

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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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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%.