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5 bed villa for sale in Altea, Spain, 571 m² - photo 1
5 bed villa for sale in Altea, Spain, 571 m² - photo 2
5 bed villa for sale in Altea, Spain, 571 m² - photo 3
5 bed villa for sale in Altea, Spain, 571 m² - photo 4
5 bed villa for sale in Altea, Spain, 571 m² - photo 5
5 bed villa for sale in Altea, Spain, 571 m² - photo 6
5 bed villa for sale in Altea, Spain, 571 m² - photo 7
5 bed villa for sale in Altea, Spain, 571 m² - photo 8

5 bed villa for sale in Altea, Spain, 571 m²

ID: 244579
Price€899,000
TypeVilla
Covered area571 m²
Beds5
Bath5
Rooms6
Qualify for Residence Permit
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HUGE PRICE REDUCTION OF 100 000 EURO - Stunning villa with spectacular sea views

This stunning example of a modern Spanish style villa has been built in one of the best locations in Mascarat with superb views all the way down the coast and over Mascarat Marina.

The main villa has been built on two floors and benefits from having large amounts of glass on the facade to benefit from the exceptional views no matter where you are in the property. As you enter the villa you have a spacious living area with feature staircase with a large glass chandelier. You have a sumptuous living room with feature fireplace and all the mod cons you would expect in a villa of this standing. From the living area you have patio doors that open fully onto a spacious terrace with a family sized outside dining area.
The master bedroom is on this level and has large patio doors which open onto the large main terrace. It has a walk through dressing room which leads to the inviting bathroom with bath and walk-in shower. The staircase on this level leads down to a very large open plan dining come ultra modern kitchen area. From the dining and the kitchen again you benefit from having access directly out to the ample terraces and stunning pool area with feature jacuzzi integrated into the pool. There are a further two bedrooms and a bathroom on this level.

The villa has beautiful marble floors and hot and cold air-conditioning throughout. Under the terrace there are two large guest apartments connected with the main villa by stairs. These can be rented separately. The apartments have their own entrance and parking from the road below and have a large living room, kitchen, two bedrooms, a bathroom and guest toilet. The villa also benefits from a double garage which is conveniently situated next to the main entrance to the villa.

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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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%
Helga
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