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4 bed villa for sale in Los Flamingos, Benahavis, Spain, 514 m²

4 bed villa for sale in Los Flamingos, Benahavis, Spain, 514 m² - photo 1
Covered area514 m²
Land area1526 m²
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This stunning villa project is located midway between San Pedro and Estepona within the Los Flamingos Golf Resort in Benahavis with spectacular open views to the golf course, sea and the mountains. A short 10 minutes drive to both Marbella and Estepona. Designed to be built on two levels plus a basement area of more than 200m2, modern and elegant interior with lots of privacy. On the main level the entrance hall with guest toilet leading to the lounge area with open fire place, separate dining room and a fully fitted and equipped open plan modern kitchen with separate laundry room. One bedroom suite can also be found on this level. On the first floor there are 3 bedrooms with two bathrooms whereof the master bedroom is en-suite and all bedrooms sharing a large terrace. The basement contains a storage room, gym, bathroom, and a large area to be used as a games room or cinema. A carport for 2 cars is included.

Extra Сosts when Buying Property

VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
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Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
in Russia
+7 (495) 240-81-87
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