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7 bed villa for sale in Marbella, Spain, 1500 m²

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Price€6,950,000
TypeVilla
Covered area1500 m²
Land area2700 m²
Beds7
Bath7
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Environment

Description

Beautiful Villa in Andalusian style with a breathtaking sea view, 7 bathrooms, 7 bedrooms, an equipped kitchen, a games room, a living room, dining room, guest apartment, gym, Laundry room, terrace and utility room. The property consists of a main house of 900 sqm, separate guest house - 200 sq.m. ( 2 bedrooms, 2 bathrooms and a staff room), and a house for staff 100 sq. m. On the plot there is a garage, a beautiful garden with deciduous trees, palm trees and lawns, pool and a small children's Park. The fit and finish: the Villa is equipped with security system, air conditioning, heating, alarm system, fireplace, Underfloor heating, fitted wardrobes, home cinema, marble floors, satellite TV. The house was designed by renowned architect with multiple patio decorated with handmade tiles. Location: in one of the most luxurious areas of the Costa del Sol, next door to the house Antonio Banderas. Area private, the entrance is closed and controlled around the clock security. The Villa is located 200 metres from the beach, 10 minutes from Puerto Banus and 5 minutes from the centre of Marbella commercial centers and best restaurants. Malaga airport is 50 minutes ' drive away.

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%
Company Representatives
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