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3 bed villa for sale in Elviria, Marbella, Spain, 256 m²

3 bed villa for sale in Elviria, Marbella, Spain, 256 m² - photo 1
Price€1,965,000
TypeVilla
Covered area256 m²
Land area1127 m²
Beds3
Bath2
Rooms4
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Description

This contemporary villa project is located in Elviria and set on an elevated plot where you have panoramic views to the sea. Close to amenities and just a few minutes to the best beaches in the area. Designed with high quality materials with on the ground floor the entrance hall leading to the ample lounge area on to the large terrace with private infinity pool. Fully fitted and equipped modern open kitchen with cooking island and a separate laundry room and guest toilet. On the upper floor there are three bedrooms and two bathrooms, the master bedroom is en-suite and opens up to a private terrace. The basement 180m2 contains a multifunctional room and a gym. Covered parking for two cars included.

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%
Helga
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