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2 bed apartment for sale in Alfaz del Pi, Spain, 120 m² - photo 1
2 bed apartment for sale in Alfaz del Pi, Spain, 120 m² - photo 2
2 bed apartment for sale in Alfaz del Pi, Spain, 120 m² - photo 3
2 bed apartment for sale in Alfaz del Pi, Spain, 120 m² - photo 4
2 bed apartment for sale in Alfaz del Pi, Spain, 120 m² - photo 5

2 bed apartment for sale in Alfaz del Pi, Spain, 120 m²

ID: 244104
Price€298,000
TypeApartment
Covered area120 m²
Land area192 m²
Beds2
Bath3
Rooms3
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Lovely 2-Bedroom Bungalow near the center of Albir with sea views

This modern bungalow has just been completely renovated and adapted for wheelchairs with ramps, wide doors and an elevator inside the house with access to all floors.
From the roof terrace there are fabulous views of the sea and the mountains.
The ground floor consists of a spacious living room, an open kitchen and a bathroom. On the first floor there are two bedrooms with ensuite modern bathrooms. The basement has a large garage with an automatic gate.

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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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%
Jane
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