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4 bed villa for sale in Estepona, Spain, 286 m²

4 bed villa for sale in Estepona, Spain, 286 m² - photo 1
4 bed villa for sale in Estepona, Spain, 286 m² - photo 2
Price€1,250,000
TypeVilla
Covered area286 m²
Land area1028 m²
Beds4
Bath4
Market infoNew homes
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Environment

Villa in Velvet

The perfect place to unwind and indulge, luxury awaits you in this new development that comprises 12 independent villas with unique and contemporary design.

 A short walk from Cancelada and Los Flamingos Golf and Resort.
This exclusive development offers maximum accommodation with the opportunity to customize to a personal taste.

Choose from 3 different types and sizes, all of them with 4 bed.
Velvet has been designed using the latest techniques to have an ecological and low maintenance building and sophisticated details with luxury finishing.

All villas are south orientated with stunning sea views.

Plots are from 965m2 to 1095m2 the perfect size for a unique villa.

Double height entrance with fantastic size to welcome your  family and friends.

Large open plan living area, offers distinct areas to relax with access to great terraces, large infinity pool and two level 500mt2 flat garden.

All the bathrooms are on suite and features lavish finishes and highest quality features.

Fully fitted kitchens to the highest standards (all Siemens apliances included) and separate laundry area.

Car port for 2 cars closed and gated.

Optional roof terrace with BBQ area and Jacuzzi to enjoy the best views

Basement with spa, gym, entertainment area, cellar and storage

Villa Padierna, a 5 star luxury Hotel & Resort, is located within 5 minutes. It offers 22.000 meters of sportive premises, tennis and paddle courts, spa, children´s area, etc.

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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