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5 bed a house for sale in Alicante, Spain, 160 m²

5 bed a house for sale in Alicante, Spain, 160 m² - photo 1
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5 bed a house for sale in Alicante, Spain, 160 m² - photo 8
5 bed a house for sale in Alicante, Spain, 160 m² - photo 9
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5 bed a house for sale in Alicante, Spain, 160 m² - photo 12
5 bed a house for sale in Alicante, Spain, 160 m² - photo 13
5 bed a house for sale in Alicante, Spain, 160 m² - photo 14
Price€250,000
Typea House
Covered area160 m²
Beds5
Bath3
Rooms6
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Description

Located in a gated complex with private pool and near the French College. On the ground floor there is a large, spacious kitchen with an area of 24m2, which is quite rare for Spain, the lounge with access to a huge terrace where You can enjoy a glass of icy sangria warm Spanish evening in the company of friends!
The second floor has 3 spacious bedrooms, two bathrooms, dressing room. And on the third floor there is one room for guests.
Sold fully furnished, air conditioned. From the Windows offer beautiful views of the mountains!
Also included in the price garage and storage room.
Great offer for holiday or permanent living!

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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