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Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 1
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 2
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 3
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 4
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 5
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 6
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 7
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 8
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 9
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 10
Villa for sale in Elviria, Marbella, Spain, 570 m² - photo 11

Villa for sale in Elviria, Marbella, Spain, 570 m²

ID: 275800
Price€1,790,000
TypeVilla
Covered area570 m²
Land area1278 m²
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7 Bedroom, 8 Bathroom Villa For Sale in Elviria, Marbella

This beautiful property is situated on the beach side of Elviria, close to the centre of cosmopolitan Marbella. The property comprises of a newly renovated 3 bedroom villa and a separate block consisting of four 1 bedroom self contained apartments, each with it's own double bedroom, separate shower room, dining/sitting room and a compact galley kitchen with all mod cons. Both ground floor apartments offer wheelchair accessibility throughout with extra wide doorways and a large shower room. All apartments have private sun terraces or balconies to the rear. Both ground floor apartments also enjoy direct access to the mature gardens, complete with exotic plants and fruit trees. There is a large shared swimming pool.

The complex is only 100 meters from the sandy beach of Elviria, one of the finest beaches on the coast, with a choice of numerous beach bars and restaurants and only a short stroll to the world-renowned Nikki Beach and the highly acclaimed 5 Star Don Carlos Hotel, Marriott Beach Club Hotel and the new Estrella Del Mar Vincci Hotel. Elviria has a vast selection of cafes, tapas bars and exclusive restaurants, catering for all nationalities. There is also a choice of supermarkets, hairdressers, dry cleaners, hardware store, florist, newsagents, but to mention a few, within easy reach of the complex. The surrounding area is a paradise for surfing, golf, tennis, and angling or for someone just searching for peace and quite and wanting to relax at the pool or just laze on the white sandy beaches nearby. Elviria Santa Maria Golf Club has everything to offer even the most inexperienced golfer and there is also a Driving Range nearby or beginners who are not quite confident just yet to go on the golf course, both only a short distance from the complex. Conveniently located just a 30-minute drive from Malaga International Airport and 15 minutes to Marbella and Puerto Banus with its magnificent marina and selection of numerous first class restaurants and bars. The Costa del Sol offers approximately 320 days sunshine each year and incorporated with all of the above, this makes an ideal INVESTMENT OPPORTUNITY NOT TO BE MISSED

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%
Jane
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