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3 bed apartment for sale in Altea, Spain

ID: 275093
Price€185,000
TypeApartment
Beds3
Bath2
Rooms4
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Environment

Apartment in Altea

THREE BEDROOM SECOND FLOOR APARTMENT LOCATED ON THE ALTEA OLD TOWN, NEAR TO THE PALAU AND THE FINE ARTS UNIVERSITY. The apartment has three bedrooms, two bathrooms, kitchen, living room with fireplace, sunroom used as a dining room and terrace.

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%
  • Spain, AlteaSpain, Altea
    Villa €585,000
    • Covered area: 295 m²
    • 4 rooms, 4 bath
  • Spain, AlteaSpain, Altea
    Apartment €169,000
    • Covered area: 70 m²
    • 3 rooms, 1 bath
  • Spain, AlteaSpain, Altea
    Apartment €310,000
    • Covered area: 170 m²
    • 6 rooms, 2 bath
Paula
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