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5 bed villa for sale in Altea, Spain, 510 m² - photo 1
5 bed villa for sale in Altea, Spain, 510 m² - photo 2
5 bed villa for sale in Altea, Spain, 510 m² - photo 3
5 bed villa for sale in Altea, Spain, 510 m² - photo 4
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5 bed villa for sale in Altea, Spain, 510 m² - photo 8

5 bed villa for sale in Altea, Spain, 510 m²

ID: 244466
Price€2,050,000
TypeVilla
Covered area510 m²
Land area1925 m²
Beds5
Bath5
Rooms6
Qualify for Residence Permit
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Palace in Altea Hills with 180° sea view

Magnificent villa with breathtaking views of the bay of Altea. This magnificent property overlooking the bay corresponds to a very high standard. It is located in one of the best locations of Altea Hills. Very spacious and bright villa, situated on a large plot, including a private pool with waterfall and a private garden with tropical trees. The villa consists of 5 bedrooms, 5 bathrooms, a spacious living room with a beautiful fireplace, a large dressing room, and a sauna.
The property’s exterior and interior resembles a palace.
This villa benefits from of an external parking and vast garage for 4 vehicles.

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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Property Price
Indicate down payment
Years
Interest Rate
9 205 per month

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 €595,000
    • Covered area: 300 m²
    • 5 rooms, 4 bath
  • Spain, AlteaSpain, Altea
    Land €399,000
    • Covered area: 1828 m²
  • Spain, AlteaSpain, Altea
    Apartment €160,000
    • Covered area: 110 m²
    • 5 rooms, 2 bath
HelgaReal estate sales manager in Altea
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