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Villa for sale in Elviria, Marbella, Spain, 260 m² - photo 1
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Villa for sale in Elviria, Marbella, Spain, 260 m² - photo 3
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Villa for sale in Elviria, Marbella, Spain, 260 m² - photo 7
Villa for sale in Elviria, Marbella, Spain, 260 m² - photo 8
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Villa for sale in Elviria, Marbella, Spain, 260 m² - photo 14
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Villa for sale in Elviria, Marbella, Spain, 260 m²

ID: 275872
Price€480,000
TypeVilla
Covered area260 m²
Land area464 m²
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3 Bedroom, 2 Bathroom Villa For Sale in Elviria, Marbella

Located in a convenient and desirable area of Marbella this detached villa is offered for sale. The property oozes a lot of character and mixes an Andalucian style with north African touches. The accommodation is set on two floors and comprises three bedrooms, two bathrooms, large fitted kitchen and lounge diner. Outside there is a mix of garden and terraces, swimming pool and a detached garage that doubles as tool/garden shed. The property is priced to sell and would suit a DIY enthusiast.

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%
Jane
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