Villa for sale in Velez-Malaga

€1,300,000 ~ £1,108,770 *

Description…

Investors, take a look at this! If you are looking to start a holiday rental business, this property is ideal. The project is calculated to earn more than € 60,000 per year in benefits. It consists of four 30 m2 apartments with one bedroom , on the ground floor. On the second floor there is another one-bedroom apartment and a two-bedroom apartment where the owner could live. The five apartments need to be finished. The two bewdroom one is done. The budget to finish them is around € 80,000. They would have a bedroom, a bathroom, a living room with an open kitchen and access to the garden with a swimming pool. The installation of a lift would also be included in this budget. The space is already enabled for it. A swimming pool could be built on the plot and have a garden area for sun loungers and, perhaps, depending on the owner's taste, a pool bar. We are pleased to be able to present this dream property to you soon, either personally or via virtual viewing. Because this world, it is unique - just like our AxarquĂ­a. In Andalusia. On the Costa del Sol. Here, on the sunny side of life... Sale, Villa, VĂ©lez-MĂ¡laga, MĂ¡laga, Andalusia Investors, take a look at this! If you are looking to start a holiday rental business, this property is ideal. The project is calculated to earn more than € 60,000 per year in benefits. It consists of four 30 m2 apartments with one bedroom , on the ground floor. On the second floor there is another one-bedroom apartment and a two-bedroom apartment where the owner could live. The five apartments need to be finished. The two bewdroom one is done. The budget to finish them is around € 80,000. They would have a bedroom, a bathroom, a living room with an open kitchen and access to the garden with a swimming pool. The installation of a lift would also be included in this budget. The space is already enabled for it. A swimming pool could be built on the plot and have a garden area for sun loungers and, perhaps, depending on the owner's taste, a pool bar. We are pleased to be able to present this dream property to you soon, either personally or via virtual viewing. Because this world, it is unique - just like our AxarquĂ­a. In Andalusia. On the Costa del Sol. Here, on the sunny side of life...

Distances and Times to Airports

  • Gibraltar Airport (GIB)2 hours 17 mins172 km
  • Malaga-Costa del Sol Airport (AGP)39 mins50.1 km
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Energy Certificate…

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Consumption: Grade G

  • Premium property
  • Coastal property
  • 7 bedrooms
  • 7 bathrooms
  • Plot Size 7,300 m²
  • Build Size 260 m²
  • Mains Water
  • Mains Electric
  • Telephone Possible
  • Internet Possible
  • Air Conditioning

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Standard form of payment

  • Reservation deposit €3,000 (£2,559)
  • Remainder of deposit to 10% €127,000 (£108,318)
  • Final Payment of 90% on completion €1,170,000 (£997,893)

Property Purchase Expenses

  • Property price €1,300,000 (£1,108,770)
  • Transfer tax 7% €91,000 (£77,614)
  • Notary fees (approx) €750 (£640)
  • Land registry fees (approx) €750 (£640)
  • Legal fees (approx) €1,500 (£1,279)

* Prices quoted in Pounds are illustrative and should only be used as a guide.

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

* Price valid until sold

* Conveyancing not included

* The DIA is available at our office according to the Decree 218/2005

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Spanish Property Choice has made every effort to obtain the information regarding this listing from external sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.