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3 bed flat for sale in Alicante, Spain, 111 m²

3 bed flat for sale in Alicante, Spain, 111 m² - photo 1
3 bed flat for sale in Alicante, Spain, 111 m² - photo 2
Covered area111 m²
Market infoNew homes
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Apartment in Eliza

The Eliza complex is located in the San Blas district of Alicante, an area that is undergoing significant urban expansion. In addition, the neighbourhood is perfectly connected to the city centre which is only 10 minutes away.

The complex is located on Médico Luis Rivera Street, in an area with wide avenues and buildings surrounding the monumental and pleasant Papa Juan Pablo II park. The area has everything you need for everyday life: educational centers, an athletic center, supermarkets, cinemas, fashion stores, restaurants and cafes.

Eliza is just 500 metres away from the Alicante high-speed train station, the bus station and the city's port. You can also walk to the beautiful Postiguet beach.

The complex has quick access to A-31 and A-70 highways which can be used to leave the city. These roads also allow you to reach, for example, the Alicante airport in less than 15 minutes by car.

Eliza is an avant-garde and elegant residential complex consisting of 56 one-, two-, three- and four-bedroom apartments. All the properties have large terraces ( the larger ones in the penthouses) as well as parking space and storage room (included in the price). The minimum surface area of an apartment is 85 m2 and the price starts from 174,000 euros plus VAT.

The two blocks that make up the Eliza complex have a range of common places: a social club, gym, communal toilets, south-facing swimming pool, court, children's playground and large gardens.

 The apartments are characterized by the highest standards of quality as well as the used materials of leading brands. The kitchens are delivered fully furnished and equipped with electrical appliances (an induction hob, extractor hood, oven and integrated microwave).

The bathrooms have white vitrified porcelain sanitary ware. The washbasin is delivered with integrated furniture in the main bathroom. One of the two bathrooms has a bathtub and the other has a shower tray.

Extra Сosts when Buying Property

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%
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
Company Representatives
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in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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