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3 bed apartment for sale in Altea, Spain, 112 m²

3 bed apartment for sale in Altea, Spain, 112 m² - photo 1
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3 bed apartment for sale in Altea, Spain, 112 m² - photo 5
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3 bed apartment for sale in Altea, Spain, 112 m² - photo 8
3 bed apartment for sale in Altea, Spain, 112 m² - photo 9
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3 bed apartment for sale in Altea, Spain, 112 m² - photo 14
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3 bed apartment for sale in Altea, Spain, 112 m² - photo 20
Price€285,000
TypeApartment
Covered area112 m²
Beds3
Bath2
Rooms4
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Description

This apartment is located in the exclusive town of Mascarat, just a few minutes from Calpe and Altea, on the shores of the Mediterranean Sea.It is located on the first line, with unique and exclusive views of the sea, receiving sun throughout the day and with assured privacy.The apartment is divided into three spacious bedrooms, two bathrooms, one of them en-suite, separate kitchen, a large living room and two large sunny terraces with direct and exclusive views to the sea.The community, with a low maintenance cost, enjoys three large swimming pools, two paddle courts and large garden areas.Access to the beach is only a few meters from the apartment, and it is also close to the marina with shops and restaurants.The area of Mascarat, just three minutes from the exit of the motorway in Altea, is a very quiet, residential area. It is the perfect place to unwind, enjoy the sea, sport and absolute tranquility.

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
492 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%
Company Representatives
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in Spain
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+34 (931) 720-189
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