property in SpainCosta del Sol areaEstepona cityNueva Atalaya districtvillaVilla № 207616

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4 bed villa for sale in Nueva Atalaya, Estepona, Spain, 226 m²

Price	€1,585,000
Type	Villa
Covered area	226 m²
Land area	1000 m²
Beds	4
Bath	4
Rooms	5
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Description

This contemporary villa project, located on the beachside in Nueva Atalaya on the New Golden Mile, 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. A contemporary design with modern and elegant interior. Constructed to very high standards with spacious terraces and lovely gardens. On the ground floor the entrance hall leading to the open plan lounge and dining area separated by an open fireplace and with access to the terrace with private pool and garden. Fully fitted and equipped modern open plan kitchen with separate laundry room and 1 bedroom suite. 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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€2 735 per month

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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

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Helga

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Spain, Estepona
Villa €1,585,000
- Covered area: 226 m²
- 5 rooms, 4 bath

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