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Villa for sale in Marbella, Spain, 1262 m²

ID: 274850
Price€4,500,000
TypeVilla
Covered area1262 m²
Land area4072 m²
Qualify for Residence Permit
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7 Bedroom, 6 Bathroom Villa For Sale in Marbella

Magnificent beachside property designed in a Mediterranean style by the renowned Mexican architect Luis Barragan. The villa is surrounded by an impressive well-kept garden with landscaped areas, palm trees, swimming pool and total privacy. It offers an impressive entrance hall with double high ceiling and marble staircase, two large and well proportioned reception room with sliding glass door leading out the a covered terrace, a modern fitted kitchen with sophisticated lightings top appliances, central island and direct access to the terrace, separate dining room, wine cellar, entertaining room and laundry and storage rooms. The elegant master suite includes a sitting area, walking dressing room, terrace and ensuite bathroom with hydromassage bath. In addition six more ensuite bedrooms and a huge garage. Situated in one of the most desirable urbanisation in Marbella with 24-hour security and close two 18-hole golf courses, hotels, schools and only five minutes from San Pedro and the glamorous 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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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%
Paula
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