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Villa for sale in Elviria, Marbella, Spain, 230 m² - photo 1
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Villa for sale in Elviria, Marbella, Spain, 230 m²

ID: 275757
Price€625,000
TypeVilla
Covered area230 m²
Land area600 m²
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3 Bedroom, 2 Bathroom Villa For Sale in Elviria, Marbella

Lovely bungalow in Elviria, close to local shops, school, supermarkets and restaurants and walking distance to the beach. It is a pretty house on rustic standards but very spacious and well renovated large kitchen with dinning area. Huge living area with fireplace facing the lovely and peaceful garden with space to play and big enough to built a pool. With 3 double bedrooms and 2 bathrooms is the ideal house for a family to leave all the year or also a good investment for vacation and to rent it out.

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%
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