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Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 1
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 2
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 3
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 4
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 5
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 6
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 7
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 8
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 9
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 10
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 11
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 12
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 13
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 14
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 15
Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 16
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Villa for sale in El Paraiso, Estepona, Spain, 850 m² - photo 20

Villa for sale in El Paraiso, Estepona, Spain, 850 m²

ID: 275819
Price€2,950,000
TypeVilla
Covered area850 m²
Land area3468 m²
Qualify for Residence Permit
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6 Bedroom, 7 Bathroom Villa For Sale in El Paraiso, Estepona

Located in the exclusive El Paraiso Alto urbanisation.
Wonderful Andalusian cortijo style ( built 2006 )
Stunning views of Gibraltar, Africa, and golf courses from nearly all aspects .
Double door entrance, over a koi moat.
Large Dinning hall has elliptic vault ceiling,
Open plan spacious Lounge with modern open fire place
Games room with bar/kitchenette
Main fully fitted kitchen with every modern appliance.
Family sitting room with log burning fitted stove
Cloak room and A.V room
Steam room for 6 to 8 people
Master bedroom with raised floor and fantastic on suite bathroom with Jacuzzi, TV, and separate dressing room.
5 Further double guest bedrooms each with on suite facilities
1 Single or Bunk bedroom (or study)
Huge porch and terraces,
Large beach style infinity pool with Jacuzzi, and hot / cold shower
Outside toilet, and gardeners room.
Automatic access to Large double garage, plus guest parking.
Beautifully landscaped gardens with waterfall, fountain, and streams Gazebo, with views across to Concha Mountain and Marbella.
There are many other features including, under floor heating, hot and cold A/C , professional audio & video system, centralised electric blinds, sophisticated alarm system, water well, large plant room with top installations, water softener and solar h.w.s..
The Plot is 3,468 Square meters and the house is approximately 650 Square meters.
The villa is in a Spanish company, and the shares are held in a BVI company, we are looking to sell the BVI Company which is very tax efficient for both sides.

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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Interest Rate
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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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