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4 bed villa for sale in El Paraiso, Estepona, Spain, 534 m²

4 bed villa for sale in El Paraiso, Estepona, Spain, 534 m² - photo 1
4 bed villa for sale in El Paraiso, Estepona, Spain, 534 m² - photo 2
4 bed villa for sale in El Paraiso, Estepona, Spain, 534 m² - photo 3
4 bed villa for sale in El Paraiso, Estepona, Spain, 534 m² - photo 4
4 bed villa for sale in El Paraiso, Estepona, Spain, 534 m² - photo 5
4 bed villa for sale in El Paraiso, Estepona, Spain, 534 m² - photo 6
Price€1,400,000
TypeVilla
Covered area534 m²
Land area1149 m²
Beds4
Bath4
Rooms5
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Villa For Sale In El Paraiso, Estepona

Wonderful four bedroom, south facing villa in El Paraiso, a quiet and private area only five minutes from the beach and ten minutes from Marbella and Puerto Banús. This brand new modern villa has on the ground floor; an entrance hall, guest bathroom, two guest suites, open plan living and dining area with French doors leading out to the landscaped tropical gardens and private swimming pool surrounded by decking and a fully fitted kitchen with glass doors. On the first floor there is the master suite with access to the large roof terrace which has panoramic sea views. On the bottom floor is the basement which is large enough to convert into an entertainment room or another guest suite. There is a garge with space for two 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%
Amina
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