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Villa for sale in Los Monteros, Marbella, Spain, 494 m² - photo 1
Villa for sale in Los Monteros, Marbella, Spain, 494 m² - photo 2
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Villa for sale in Los Monteros, Marbella, Spain, 494 m² - photo 8
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Villa for sale in Los Monteros, Marbella, Spain, 494 m²

ID: 275693
Price€1,750,000
TypeVilla
Covered area494 m²
Land area1020 m²
Qualify for Residence Permit
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4 Bedroom, 3 Bathroom Villa For Sale in Los Monteros, Marbella

Fantastic beachside renovation project with a great potential!!!

Located in one of the sough-after urbanisation in Marbella East next to the renowned five star hotel Los Monteros and private luxurious villas. The property was built in the beginning of the seventies in a mediterranean style with some arabe touches and it's situated a stones throw away from the beach. The accommodation comprises, an entrance hall with a marble staircase and lift, three bedrooms, two bathrooms and garage, on the ground floor.

On the upper level very bright living room with fireplace and dining area boasting marvellous sea views, kitchen and one bedroom ensuite separate by a cosy patio with stairs down to the garden. A guest apartment with independent entrance offering a living area with open kitchen and one bedroom ensuite.

Generous solarium with amazing panoramic sea views. The garden is totally irrigated and illuminated with swimming pool and enjoys totally privacy. Los Monteros is one of the most exclusive beachside urbanisation in Marbella with 24 hours security and only few minutes drive from Marbella town center and forty minutes from the international Pablo Picasso airport.

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%
Amina
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