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2 bed apartment for sale in Altea, Spain, 220 m²

2 bed apartment for sale in Altea, Spain, 220 m² - photo 1
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2 bed apartment for sale in Altea, Spain, 220 m² - photo 4
2 bed apartment for sale in Altea, Spain, 220 m² - photo 5
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2 bed apartment for sale in Altea, Spain, 220 m² - photo 8
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2 bed apartment for sale in Altea, Spain, 220 m² - photo 20
Price€480,000
TypeApartment
Covered area220 m²
Beds2
Bath2
Rooms3
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Description

Luxury apartment with incredible sea views, terrace of 40 m2 with marble Moorish fountain and flowers, to the beach about 50 metres away. Huge salon and open kitchen is about 110m2, two bedrooms, two bathrooms and another terrace at the entrance to the house. Ceramic Italian tile in the bathrooms and the kitchen are handmade, floors made of precious wood too, manually, work surface and sink in the kitchen made of Italian marble. Heated floors, designer fans, built-in wardrobes, Jacuzzi in the bathroom, the house has drinking water treatment system. The apartment is located in a closed luxury urbanization with security, pool, flowering gardens, a tennis court. Imagine yourself in this home with an extremely positive energy, expensive furniture, unique sunsets, flowering trees and gentle sea breeze!

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
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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%
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in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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