We are pleased to present an attractive investment opportunity in the form of a villa that includes all necessary licenses and permits for its construction. This villa can be purchased in its current condition, together with the licenses, or as a completed project, with a short lead time of only 6 months. The villa was originally part of the La Boladilla Village project, which faced unfortunate delays, but the legal issues surrounding this project have now been successfully resolved with the previous developers. With new plans and licenses approved by City Hall, construction of the villa is ready to resume, guaranteeing turnkey completion within 6 months. The villa can be purchased in its current condition for €750,000 or as a completed project for €1,200,000. Strategically located on the prestigious New Golden Mile, the villa enjoys a prime position with spectacular sea views to the south. The house features an open plan living room, three bedrooms and a spacious basement that occupies the entire floor area of the house. There is also a private swimming pool on the property which complements all the outdoor amenities. The villa's exceptional location provides easy access to the beach and the lively promenade, which is home to a variety of restaurants, beach bars and renowned hotels such as Las Dunas Hotel and Coral Beach Resort. This location presents a great living opportunity for prospective owners and renters alike. For the discerning
Characteristics
Property type
Elite
Object type
Villa
Price
834 525 $
FAQ
How can I get a residence permit by buying property in Spain?
In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Estepona; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Spain?
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Spain?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Spain?
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Spain?
Yes. Rental income tax is 5–25% depending on the regime. In Estepona short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (834 525 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Spain?
A typical transaction runs 30–90 days, averaging 45 in Estepona: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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