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5 bed villa for sale in Alfaz del Pi, Spain, 350 m²

5 bed villa for sale in Alfaz del Pi, Spain, 350 m² - photo 1
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5 bed villa for sale in Alfaz del Pi, Spain, 350 m² - photo 10
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5 bed villa for sale in Alfaz del Pi, Spain, 350 m² - photo 12
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5 bed villa for sale in Alfaz del Pi, Spain, 350 m² - photo 20
Price€762,000
TypeVilla
Covered area350 m²
Land area5000 m²
Beds5
Bath3
Rooms6
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Villa in Alfaz del Pi

SPECTACULAR 5 BEDROOM VILLA WITH GYM AND PLOT OF 5000M ² IN ALFAZ!! The villa is in a quiet area, next to the urbanization "Entre naranjos y flores" and only 10 minutes from the center of Alfaz. At the pool area ( around 800m ²) there is a meadow of grass, and behind the house there is a garden with fruit trees. The house also has a cistern with 60.000l of capacity! The villa has 2 floors and a basement. The house has 350m ² and a basement of 200m ². The first floor is distributed as follows: a hall, large living room, closed kitchen, 1 shower room and an office that can be used as a bedroom. On the second floor, there are 4 bedrooms, 2 of them with access to its own terrace, and 2 bathrooms, one of them en-suite. The basement has a total of 200m ² with capacity for 5 cars, a large fully equipped gym and wine cellar. You have to visit it!!

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

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