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3 bed flat for sale in Altea, Spain, 166 m²

3 bed flat for sale in Altea, Spain, 166 m² - photo 1
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Price€290,000
TypeFlat
Covered area166 m²
Beds3
Bath4
Rooms4
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Description

This duplex apartment is located in the Mascarat village in Altea, a very quiet and unique area, just 200 meters from the beach. Located on the 1st floor.This urbanization has 3 communal swimming pools with garden and 2 paddle courts and has an elevator with access to the closed garage.On the ground floor we find 3 bedrooms, two of them with bathrooms en suite, a bathroom with bathtub, and a storage room.On the upper floor we have a bathroom, a very bright kitchen with a separate area with laundry, a large living-dining room with a terrace.The apartment has air conditioning, fitted wardrobes with plenty of storage space. The area where it is located is well connected and is less than 5 minutes from the entrance of the highway, supermarkets, restaurants etc ...An ideal place for those who want to live in a quiet and beautiful place.

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
500 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
in Russia
Moscow
+7 (495) 240-81-87
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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