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3 bed villa for sale in Albir, Spain, 297 m²

3 bed villa for sale in Albir, Spain, 297 m² - photo 1
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Price€548,000
TypeVilla
Covered area297 m²
Land area487 m²
Beds3
Bath3
Rooms4
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Villa in Albir

Modern villa for sale in Albir, just a walk from the beach and downtown.
This beautiful villa has two floors, distributed in 2 bedrooms and two bathrooms on the first floor and 1 bedroom with bathroom on the ground floor with kitchen and living space.
Huge windows allow the entrance of a lot of light.
On outside area one can enjoy a nice pool equipped with salt water and the entrance to the villa has a motorized access door.
The villa has also air conditioning, underfloor heating, alarm system, fitted wardrobes, fireplace, blinds, etc.
It is located just 400 meters from the center and 800 meters from the beach. Alicante Airport is approximately 50 km away. Without furnitures

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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