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3 bed house for sale in Altea, Spain, 209 m² - photo 1
3 bed house for sale in Altea, Spain, 209 m² - photo 2
3 bed house for sale in Altea, Spain, 209 m² - photo 3
3 bed house for sale in Altea, Spain, 209 m² - photo 4
3 bed house for sale in Altea, Spain, 209 m² - photo 5
3 bed house for sale in Altea, Spain, 209 m² - photo 6
3 bed house for sale in Altea, Spain, 209 m² - photo 7
3 bed house for sale in Altea, Spain, 209 m² - photo 8

3 bed house for sale in Altea, Spain, 209 m²

ID: 245847
Price€230,000
TypeHouse
Covered area209 m²
Beds3
Bath2
Rooms4
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Townhouse in Altea Hills

This townhouse is located in the quite area of Altea Hills with 24/7 security.
On the first floor there is a nice living/dining area with a fireplace, open style kitchen and guest toilet.
From the living/dining area you have access to a nice terrace.
The second floor consists of a master bedroom with en-suite bathroom, two good size bedrooms and a bathroom. All the bedrooms have built in wardrobes. One of the bedrooms has access to a terrace with a slight sea view.
On the street level there is a garage with some extra space ready to be developed.
The communal swimming pool is only steps away.

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%
Jane
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