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2 bed apartment for sale in Altea, Spain

2 bed apartment for sale in Altea, Spain - photo 1
2 bed apartment for sale in Altea, Spain - photo 2
2 bed apartment for sale in Altea, Spain - photo 3
2 bed apartment for sale in Altea, Spain - photo 4
2 bed apartment for sale in Altea, Spain - photo 5
2 bed apartment for sale in Altea, Spain - photo 6
2 bed apartment for sale in Altea, Spain - photo 7
2 bed apartment for sale in Altea, Spain - photo 8
Price€185,000
TypeApartment
Beds2
Bath2
Rooms3
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Sale Apartment - Altea - Spain

GREENWICH VILLAGE
Ground floor apartment with stunning sea views, consisting of 2 bedrooms with 2 bathrooms, lounge/ dining room, fully fitted kitchen, utility room. This apartment is new and unlived and a mortgage of €.200,000 is available. There is an underground garage and communal gardens with large pool and terracing area. The property is in a small block of similar apartments with a lift down to the garage.
WELL WORTH EARLY VIEWING.

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
319 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
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