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5 bed villa for sale in New Andalusia, Spain, 328 m²

5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 1
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5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 3
5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 4
5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 5
5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 6
5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 7
5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 8
5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 9
5 bed villa for sale in New Andalusia, Spain, 328 m² - photo 10
Price€1,400,000
TypeVilla
Covered area328 m²
Land area1035 m²
Beds5
Bath5
Rooms6
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Description

Very conveniently located in Nueva Andalucia also called the Golf Valley, with at walking distance to all kinds of amenities such as, supermarkets, restaurants, bars, medical center and shops. Only a few minutes from Puerto Banus and Marbella. This villa has recently been renovated and counts 5 bedrooms and 5 bathrooms. With on the main level 3 bedrooms en-suite, a large living – dining area with open fire place, fully fitted and equipped new kitchen with breakfast area. On the upper level you will find the master bedroom suite with its own private terrace. On the lower level of the house there is the 5th bedroom suite. Great outdoor area with garden, private pool and a carport for at least 3 cars.

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%
Helga
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