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Villa for sale in Estepona, Spain, 560 m²

ID: 275796
Price€980,000
TypeVilla
Covered area560 m²
Land area1250 m²
Qualify for Residence Permit
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4 Bedroom, 3 Bathroom Villa For Sale in Puerta de los Reales, Estepona

Villa La Zanbancha in Urb. Puerta de los Reales Estepona-Jubrique, Estepona

Classical style partly renovated villa, only 2 km from Estepona town centre, south facing with panoramic seaviews. Very private and quiet. Built in 1999, renovated 2015.

Main floor: Living/dining area with fireplace, fully fitted kitchen, two guest bedrooms sharing one bathroom. Direct access to the terraces and the pool area.
Upper floor: Master bedroom suite with dressing.
Lower floor (garden level): Big room (entertainment area and/or bedroom) with bathroom, garage for 2 cars, laundry and fitness. Access to the lower garden.

Close to all amenities and the beach, only 5 minutes drive down.

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%
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