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3 bed apartment for sale in Albir, Spain, 86 m²

3 bed apartment for sale in Albir, Spain, 86 m² - photo 1
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3 bed apartment for sale in Albir, Spain, 86 m² - photo 8
3 bed apartment for sale in Albir, Spain, 86 m² - photo 9
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3 bed apartment for sale in Albir, Spain, 86 m² - photo 13
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3 bed apartment for sale in Albir, Spain, 86 m² - photo 15
Price€300,000
TypeApartment
Covered area86 m²
Beds3
Bath2
Rooms4
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Apartment in Albir

FANTASTIC THREE BEDROOM PENTHOUSE FULLY RENOVATED. With an ample solarium. Located in the Albir center, on the famous Boulevard de los Musicos. Only 400 meters from the beach and within walking distance to bars, restaurants, banks, pharmacies and shops. In a nice complex with swimming pool, children's pool, paddle tennis court and green areas. The apartment has three bedrooms, two bathrooms, big kitchen and ample living room including the dining area! Large solarium with mountain and a little sea views. Including two parking spaces.

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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Interest Rate
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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%
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