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1 bed apartment for sale in Alicante, Spain, 52 m²

1 bed apartment for sale in Alicante, Spain, 52 m² - photo 1
1 bed apartment for sale in Alicante, Spain, 52 m² - photo 2
1 bed apartment for sale in Alicante, Spain, 52 m² - photo 3
1 bed apartment for sale in Alicante, Spain, 52 m² - photo 4
1 bed apartment for sale in Alicante, Spain, 52 m² - photo 5
1 bed apartment for sale in Alicante, Spain, 52 m² - photo 6
1 bed apartment for sale in Alicante, Spain, 52 m² - photo 7
Price€89,000
TypeApartment
Covered area52 m²
Beds1
Bath1
Rooms2
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Environment

Description

One bedroom apartment located in Alicante, 200 meters from the sea.Area in extension, near the Britsh School of Alicante and next to Ciudad de la Luz studios, ensuring short-term appreciation.One, Two and Three bedroom fully furnished apartments with terrace available, ready to live.The complex is fitted with spacious terraces, solarium, large gardens with decorative fountains, swimming pool,2 jacuzzi and playground spaces for children.Call us for views or more information.

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
154 per month
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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%
Paula
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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