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7 bed villa for sale in Altea, Spain, 350 m² - photo 1
7 bed villa for sale in Altea, Spain, 350 m² - photo 2
7 bed villa for sale in Altea, Spain, 350 m² - photo 3
7 bed villa for sale in Altea, Spain, 350 m² - photo 4
7 bed villa for sale in Altea, Spain, 350 m² - photo 5
7 bed villa for sale in Altea, Spain, 350 m² - photo 6
7 bed villa for sale in Altea, Spain, 350 m² - photo 7
7 bed villa for sale in Altea, Spain, 350 m² - photo 8

7 bed villa for sale in Altea, Spain, 350 m²

ID: 244585
Price€895,000
TypeVilla
Covered area350 m²
Land area1462 m²
Beds7
Bath5
Rooms8
Qualify for Residence Permit
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Villa in Altea Hills

Stunning 5-Bedroom villa with a separate 2-Bedroom apartment.
On the ground floor there is a large living and dining area with a fireplace, a spacious kitchen, study room, large utility room and a guest toilet.
The first floor features 4 double bedrooms, all with en-suite bathrooms. There is a 5th bedroom with guest toilet on the second floor.
All floors can be accessed by lift and by stairs.
Every living area gives access to terraces that offer spectacular views of the sea and Altea.
From the swimming pool area stairs lead to the separate apartment with 2 bedrooms, 1 bathroom, and an open plan living/dining area and kitchen.
There is a large under build for storage, a workshop or even a gym

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%
  • Spain, AlteaSpain, Altea
    Villa €525,000
    • Covered area: 600 m²
    • 8 rooms, 5 bath
  • Spain, AlteaSpain, Altea
    Villa €749,000
    • Covered area: 370 m²
    • 6 rooms, 4 bath
  • Spain, AlteaSpain, Altea
    Villa €750,000
    • Covered area: 1200 m²
    • 6 rooms, 4 bath
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