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4 bed villa for sale in Altea, Spain, 275 m²

4 bed villa for sale in Altea, Spain, 275 m² - photo 1
4 bed villa for sale in Altea, Spain, 275 m² - photo 2
4 bed villa for sale in Altea, Spain, 275 m² - photo 3
4 bed villa for sale in Altea, Spain, 275 m² - photo 4
4 bed villa for sale in Altea, Spain, 275 m² - photo 5
4 bed villa for sale in Altea, Spain, 275 m² - photo 6
4 bed villa for sale in Altea, Spain, 275 m² - photo 7
4 bed villa for sale in Altea, Spain, 275 m² - photo 8
Price€840,000
TypeVilla
Covered area275 m²
Land area1069 m²
Beds4
Bath2
Rooms5
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Beautiful 4-bedroom villa in Altea la Vella

This villa is situated in a very private area and has a distinctive look.
It was designed and built by the owner, a professional Spanish architect. The master bedroom gives access to the terrace with sea views.
The ground floor features a large open space of 90m2 with extremely high ceilings. There is a possibility to enlarge the plot by another 500m2.
The plot is on the edge of rustic land, so there will be no new developments in the future.

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%
Amina
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