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7 bed a house for sale in Marbella, Spain, 1875 m²

7 bed a house for sale in Marbella, Spain, 1875 m² - photo 1
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 2
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 3
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 4
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 5
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 6
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 7
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 8
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 9
7 bed a house for sale in Marbella, Spain, 1875 m² - photo 10
Price€7,900,000
Typea House
Covered area1875 m²
Land area4193 m²
Beds7
Bath6
Rooms8
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Environment

Description

One of the most impressive buildings of Marbella is modern Villa "RESIDENCE of GOD" , made of modern materials with exceptional finish. Amazing clean lines, the entire Villa is designed in such a way that literally all corners of the house offers panoramic views of the sea. The house is literally "breathes" air due to the expansive layout of the premises. The Villa has the best location in Marbella, only 5 minutes by car from downtown and from the legendary Puerto Banus.

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%
Company Representatives
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