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Villa for sale in Marbella, Spain, 633 m²

ID: 275916
Price€1,200,000
TypeVilla
Covered area633 m²
Qualify for Residence Permit
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6 Bedroom, 6 Bathroom Villa For Sale in Marbella

FANTASTIC OPPORTUNITY - Luxury villa, very bright with high room heights and high quality fittings, located within an exclusive and gated community of only 18 villas. The original sales price was of 2.150.000€, now the owner has decided to sell if for 1.200.000€, this means a price reduction of 45 %! There some other villas for sale in this development but they cannot keep up with this one due to the qualities and the situation. Therefore, this corner villa in our opinion is the best unit in the whole development. The ground floor offers an entrance hall, kitchen with breakfast corner, guest cloak, elevator, bedroom with bathroom en suite, large living room with dining area and nice terrace. The first floor comprises the master bedroom with private terrace and dressing room and two further bedrooms en suite. Moreover, there are two further bedrooms en suite and a living room in the basement. The large garage, which is also in the basement, offers space for up to 3 cars. Although the villa has no private pool, there is a marvellous heated swimming pool with sun deck and pergola in the large communal garden. Worth mentioning is the fact that all the villas in this marvellous development are accessed through an underground access which leads you directly into your garage so that there is no traffic on the exterior which is of advantage specially if you have children. Purchasing the furniture is negotiable.

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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