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3 bed villa for sale in New Andalusia, Spain, 160 m²

3 bed villa for sale in New Andalusia, Spain, 160 m² - photo 1
3 bed villa for sale in New Andalusia, Spain, 160 m² - photo 2
3 bed villa for sale in New Andalusia, Spain, 160 m² - photo 3
3 bed villa for sale in New Andalusia, Spain, 160 m² - photo 4
Price€1,855,000
TypeVilla
Covered area160 m²
Land area832 m²
Beds3
Bath2
Rooms4
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Description

This impressive new villa Project is located in the golf valley in Nueva Andalucia with at walking distance to all kinds of local amenities. A combination of privacy and tranquillity with a modern contemporary design, elegant modern interior with lots of natural light. An open plan layout throughout. Large terraces from where you have panoramic views to the mountain “La Concha”. Three bedrooms upstairs with 2 bathrooms whereof the master bedroom is en-suite. Downstairs, an open plan modern kitchen with cooking island that opens up to the dining area, separate laundry room, guest toilet and an ample living room. The basement area of 180m2 consists of a multifunctional area, a gym and a garage for two 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%
Amina
Company Representatives
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Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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