A home redefines your personality. For most of them, a home is not just a place it is an emotion. This generation is inclined towards having a modern lifestyle that meets their comfort and needs. A villa is designed spaciously with impeccable quality infrastructure. Living in a Villa feels like a vacation with its unique architecture and fantastic location. Imagine waking up to the sight of lush greenery or spending your evening amidst the sound of chirping birds. It gives you a feeling of heaven on earth. There are many such villas in electronic city Bangalore that give you a wholesome experience.

Privacy:

Villas have great privacy. Haven’t we all been in a place where neighbors are the constant trouble? No one likes a nosy neighbor who frequently knocks at the door or the one who has prying eyes, checking for who enters and leaves. Sound annoying right? Surely it does. But living in a villa gives you the privacy you were always looking for. A villa offers you community living, but you definitely have your own private space to enjoy. You have your own terrace and a backyard; you will not have to share it with anyone. There is no one to intrude on your private space. Spending time with your friends and family becomes more enjoyable.

Gated community:

Gated communities are one of the best advantages of living in a villa. In a gated community, the entrance of pedestrians, automobiles, and bicycles is controlled strictly by closed perimeter fences and walls. Villas have enormous amenities, huge gardens, and common areas. All this is protected through well-secured gates and fences. People who live in these gated communities feel secure at any time of the day. Luxury villas in electronic city

Highly secure: 

Villas are highly safe and secure. It has all the features that will help to protect you and your family from any kind of threat. There are 24/7 guards in a villa along with CCTV surveillance, alarm sensors like glass break sensors, and gas leak sensors. They also provide features like a Video door phone (VDP) in which you will get to know who is at the door, Control Digital Door Lock through VDP, Security phone that helps you know who the visitor is at the entrance and allow them inside the tower, two-way audio and one-way video. Sounds great right? Foreseeing danger and taking precautions is always better. Villas are well-planned and ensure great security. Living in a Villa gives you assured peace of mind and assurance that your family is safe.

Amenities:

Luxurious villas provide you with such great amenities that you will not need to visit a resort for your vacation. The facilities that they provide you are equal to the facilities offered by five-star hotels and resorts. The infinity warm swimming pools are a remarkable feature of modern villas. Gym, fitness rooms, private spa, sauna, clubhouse, children’s park, senior citizen walking area, and many other such amazing amenities that add value to your life. These amenities help you relieve stress and release your pent-up emotions. Coming back to a luxurious home that has such amazing amenities is truly a blessing.

Villas have a high resale value:

If you are a wanderer and love traveling around the country or if your work demands you to change cities, at the same time want to live in luxurious villas. Then, investing in a Villa is the best option for you. Villas will always have great appreciation value making your investment worth it. Currently, villas are easy to sell in the real estate market because most people seek comfort and luxury. Villas are definitely located in the top-notch areas of the city making the resale value high. It goes without saying, location, the infrastructure surrounding the property, and many other such factors define the value of the property. Villas have advantages like great road connectivity and infrastructure, making them highly coveted properties.

Landscape and Nature:

Luxurious bungalows in Bangalore are located away from the hustle-bustle of the city amidst the lush greenery. A villa gives you the most inexperienced feeling. The open spaces and huge trees fill your lungs with fresh air and rejuvenate you. The view from your balcony or terrace is beautiful. When you live in an apartment or flat, all you get to see are the walls of your neighbors. But living in a Villa is not like that, watch the splendid open skies during the sunrise and sunset. Get closer to nature by living in a villa; it is a perfect escape to tranquility. Read, meditate, and relax in the fresh air.

Freedom to design:

It is a known fact that most of the villas have similar exteriors in the gated community. But it is not so with the interiors. You have all the freedom to design your dream home like you wish to. You have full flexibility to design your backyard. You can choose to convert it into a relaxing area or make a kitchen garden. You can add more elements to your house to make it look modern and luxurious. To sum it up in a nutshell, villas give you the liberty to design your home the way you want without any kind of restriction.

Go eco-friendly:

You can go eco-friendly when you live in a Villa. Every person is understanding the importance of having an eco-friendly home. When you own a villa, you can invest in rainwater harvesting and choose solar energy and opt for solar geysers, etc. It will help you save a lot and it is a great opportunity for you to use natural resources to the maximum. By choosing to live in an eco-friendly Villa you are just not taking care of your pocket but also fulfilling your responsibility towards the environment. So you are joining hands in the initiative of making the earth cleaner and greener.

Butterfly Life:

When it comes to living in an apartment, there are many restrictions due to the number of people living close by. You can not do something you really want because your neighbor might not like it. There are many restrictions when we talk about apartments. But luxury bungalows in Bangalore have no such restrictions at all. You can do anything you want without the approval or sanctions from the committee members or your neighbors. You can do anything you want within your compound walls. You can totally live your life like a butterfly without anyone questioning you about why or what are you doing. You can invite your friends on a Friday evening and turn your house into a party house.

Pet friendly:

Villas are spaciously designed to meet all your needs by giving you access to private space. Open private space makes your home a perfect place for your pets. Your pets can move freely in your compound when compared to apartments. There are no stricter guidelines that make it a liberal environment for your pets. Your pets can enjoy themselves in your backyard or your garden.

The post Why to Buy a Villa appeared first on andalusia-home.com.

For Buyers / Investors from outside the European Union it is good to know that when investing at least €500,000 in Spanish property, you can apply for the Golden Visa program to get a Residency Visa in Spain. The Golden Visa includes also your family members (spouse, children, and dependent parents) and the Golden Visa applies also to unmarried couples. All family members will have access to public services such as state health care and schooling. If you like to travel within the EU, the Golden Visa allows you unlimited travel within the EU.

The Golden Visa is also available when investing in a Spanish company. If you are an investor and you are looking to purchase a Real Estate business, please contact us so we may have the right Real Estate business for you.

What to consider when buying a property in Spain:

APPOINT A  LOCAL LAWYER

The lawyer, who should be local and speaks your language will carry out the necessary checks on the property documentation and complete the legal requirements of the sale. The first check is to obtain from the property registry a “Nota Simple” which will identify the registered owner and provide details of mortgages or embargos on the property. You should obtain from the seller receipts for payment of IBI (Impuestos sobre bienes Inmuebles), the annual real estate tax.

THE HOLDING DEPOSIT

After the price is agreed upon and the “Nota Simple” has been checked, you will have to pay a holding deposit to take the property off the market and reserve it until you can reach completion. Your lawyer will prepare a formal offer and agreement contract for this purpose.

EXCHANGE OF PRIVATE CONTRACT

The exchange of private contracts or the signing of an option to buy would normally take place about two weeks after the formal acceptance of an offer when the lawyer would have completed his searches. The contract would set out all the agreed terms and set a date for completion. It is usual for the buyer to pay a 10% deposit at this stage.

COMPLETION AT THE NOTARY

On the assigned day, the buyer and seller (or their authorized representatives) will attend the office of the notary to sign the “Escritura de Compraventa” (the Title Deeds), which should state that the property is sold free of debt, mortgages, and tenants. The Notary does not check the terms but solely certifies that the parties have agreed to them. At this point, the balance of the payment is made and property possession passes to the buyer. Your lawyer will arrange payment of taxes and fees, and register your title deed at the property registry.

PROPERTY PURCHASE TAXES & FEES

There are three fees to be paid: Lawyer’s fee, Notary fees, and Property Registry fees. Also, there are two taxes, transfer tax (ITP) and Plus Valia.

The property transfer tax for resale properties is 8% to 11,5% or IVA tax at 10% for new properties. The Notary and Land Registration fees are 0.5% to 1%

WHO PAYS WHAT?

It is normal practice for the buyer to pay the above fees and taxes with the exception of the “Plus Valia”, which has to be paid by the seller. The vendor will pay his own capital gains tax and also the estate agent’s fee.

DISCLAIMER

Please note that the information provided is of general interest and to be considered as a guide only. Laws and tax rates are changing over time. There are no guarantees that this information is up-to-date. Please consult a tax specialist for the latest information.

The post Buying Property in Spain appeared first on andalusia-home.com.