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3 bed villa for sale in Algorfa, Spain, 132 m²

3 bed villa for sale in Algorfa, Spain, 132 m² - photo 1
3 bed villa for sale in Algorfa, Spain, 132 m² - photo 2
3 bed villa for sale in Algorfa, Spain, 132 m² - photo 3
3 bed villa for sale in Algorfa, Spain, 132 m² - photo 4
3 bed villa for sale in Algorfa, Spain, 132 m² - photo 5
3 bed villa for sale in Algorfa, Spain, 132 m² - photo 6
3 bed villa for sale in Algorfa, Spain, 132 m² - photo 7
3 bed villa for sale in Algorfa, Spain, 132 m² - photo 8
Price€339,000
TypeVilla
Covered area132 m²
Land area445 m²
Beds3
Bath2
Rooms4
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Environment

Description

A private complex of 12 luxury villas, 3 bedrooms. Built with high quality materials to provide the best possible comfort. The residential has a communal pool. As It only has 12 houses, this gives privacy. This comfortable residential, has different access to common areas and gardens. All households have a separate plot, south facing and private parking. These villas are surrounded by a natural environment due to the golf course La Finca, one of the best in Valencia. The resort is very close to the beach of Guardamar, considered one of the largest beaches of the Costa Blanca. Also It´s close to other tourist areas, entertainment, restaurants, shopping centers and a 5 * hotel where you can enjoy the spa, relax, gym, paddle and other services.

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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