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4 bed villa for sale in Nueva Atalaya, Estepona, Spain, 225 m²

4 bed villa for sale in Nueva Atalaya, Estepona, Spain, 225 m² - photo 1
4 bed villa for sale in Nueva Atalaya, Estepona, Spain, 225 m² - photo 2
Price€1,585,000
TypeVilla
Covered area225 m²
Land area1000 m²
Beds4
Bath4
Rooms5
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Description

This contemporary villa project is very convenient located on the beachside in Nueva Atalaya, with at walking distance to the beach and all kinds of amenities like shops, supermarket, restaurants and bars. Just five minutes drive to Puerto Banus. The design is contemporary with modern and elegant interior. With an open concept floor plan hosting the lounge, open plan dining area, fully fitted modern kitchen with separate laundry area and access to the terrace with private pool and garden and 1 bedroom suite on the main level. Upstairs there are 3 bedrooms each with their own bathroom and terrace. Carport for 2 cars.

Extra Сosts when Buying Property

WITHOUT MOTGAGE
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%
WITH MORTGAGE
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
Rental Cost
0%
Helga
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