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5 bed villa for sale in Alicante, Spain - photo 1
5 bed villa for sale in Alicante, Spain - photo 2
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5 bed villa for sale in Alicante, Spain

ID: 244443
Price€2,750,000
TypeVilla
Beds5
Bath4
Rooms6
Qualify for Residence Permit
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Sale Villa - Alicante - Spain

Stunning luxury Villa in Cabo de Huertas, Alicante, Costa Blanca. The property is located in the most exclusive residential area of Alicante. 777 sq plot with a building of three floors of 628 sq. Ground floor: Entrance Hall, living room, courtesy bathroom, kitchen, dining room and an independent apartment consisting of office, kitchen, bedroom and bathroom. There are several points of access to the terrace with swimmingpool-jacuzzi of 10x5 m, featured with thai teak flooring. On the interior staircase you acceed to the first floor with a master bedroom, dressing room and bathroom, further 2 bedrooms and a bathroom, office with access to an extensive terrace-solarium and chill out area. Continuing along the same interior staircase you come to the second floor and a fitness room with access to the large terrace-solarium with a balinese bed and splendid sea views. In the basement there are 2 games rooms, courtesy bath, wine cellar, laundry and service area with 1 living room, 1 bedroom and bathroom. Large garage with capacity for 4 cars. The Villa was completely renovated 2 years ago with first quality materials: marble floor throughout the house, domotic system, air conditioning hot-cold, central heating, pvc windows with double glazing, whirlpool, peripheral alarm system with security cameras, music line, wine cellar, barbecue, etc. Close to all amenities and just 2 km from the town of Alicante.

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%
Amina
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