property in SpainCosta Blanca areaAltea cityapartmentApartment № 293889

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1 bed apartment for sale in Altea, Spain, 80 m²

1 bed apartment for sale in Altea, Spain, 80 m² - photo 3

1 bed apartment for sale in Altea, Spain, 80 m² - photo 4

1 bed apartment for sale in Altea, Spain, 80 m² - photo 5

1 bed apartment for sale in Altea, Spain, 80 m² - photo 6

1 bed apartment for sale in Altea, Spain, 80 m² - photo 7

1 bed apartment for sale in Altea, Spain, 80 m² - photo 8

1 bed apartment for sale in Altea, Spain, 80 m² - photo 9

1 bed apartment for sale in Altea, Spain, 80 m² - photo 10

1 bed apartment for sale in Altea, Spain, 80 m² - photo 11

1 bed apartment for sale in Altea, Spain, 80 m² - photo 12

1 bed apartment for sale in Altea, Spain, 80 m² - photo 13

1 bed apartment for sale in Altea, Spain, 80 m² - photo 14

Price	€115,000
Type	Apartment
Covered area	80 m²
Beds	1
Bath	1
Rooms	2
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Environment

Description

One bedroom apartment located in the port of Campomanes, Altea. Thanks to the location you can enjoy views of the sea and the marina of Campomanes, in Mascarat, Altea.The apartment is divided into a living room with balcony, a separate kitchen, a bedroom and a bathroom.It is surrounded by restaurants and shops, and you can enjoy sailing school, jet skis, snorkeling and kayaking among many other things.It has a parking space, garden area and communal pool.It is surrounded by sea and mountains.

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

€198 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

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Spain, Altea
Apartment €115,000
- Covered area: 80 m²
- 2 rooms, 1 bath

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