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7 bed villa for sale in Nueva Andalucia, Marbella, Spain, 1064 m²

7 bed villa for sale in Nueva Andalucia, Marbella, Spain, 1064 m² - photo 1
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Price€2,700,000
TypeVilla
Covered area1064 m²
Land area1435 m²
Beds7
Bath6
Rooms8
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Villa For Sale In Parque El Colorado, Nueva Andalucia

Outstanding seven bedroom, south facing villa that is front line to the prestigious Los Naranjos Golf course set in an excellent residential area in the heart of the Golf Valley of Nueva Andalucía and yet only a few minutes´ drive to the beach. This excellent property is within a ten minute drive of over a dozen fantastic golf courses, and is near to shops, restaurants, bars and other amenities. This accommodation of this fantastic villa is:- a hallway with imposing staircase, living area with French doors leading out to the garden with a private swimming pool and panoramic views of the golf course, dining area, stylish fully fitted kitchen, master suite with dressing room and six further suites. There is a second living area with a fireplace, a games room and a basement that is currently being used as a gym, as well as a four car garage. Other features include alarm system, hot and cold air conditioning, marble floors and fitted wardrobes.

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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