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3 bed villa for sale in Albir, Spain, 147 m²

3 bed villa for sale in Albir, Spain, 147 m² - photo 1
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Price€350,000
TypeVilla
Covered area147 m²
Land area410 m²
Beds3
Bath4
Rooms4
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Villa in Albir

VILLA CENTRALLY PLACED IN ALBIR. Walking distance to supermarkets, restaurants and town center you find this villa with possibility of independent granny flat. On the main floor of 147 m2 you have a big living room, ample kitchen, 2 bedrooms, 1 office and 2 bathrooms, a garage, access to the garden and terraces. The whole house has airco/heating. On this level you also find the garage. Under the main floor there is a basement / possible separate guest apartment of 129 m2, with additional 3 rooms, 2 bathrooms and possibility to build a kitchen. This level is not connected with an internal stair, but has a separate entrance and an entrance to the garden on the street side, so completely private. If you want to live near the town, and do everything by foot, this is the place to be.

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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