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4 bed villa for sale in Altea, Spain, 280 m² - photo 1
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4 bed villa for sale in Altea, Spain, 280 m²

ID: 274736
Price€525,000
TypeVilla
Covered area280 m²
Land area1100 m²
Beds4
Bath4
Rooms5
Qualify for Residence Permit
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Environment

Villa in Altea

The Don Cayo Golf area is a distinguished area with nice villa´s and green surroundings. On a plot of 1100m2 you find this two level villa with nice swimming pool area, big living rooms and 4 bedrooms with en-suite bathrooms. The whole villa (from 2002) has double glazing and central heating with gas. The living room with big sliding doors looks out over the swimming pool and is next to the ample kitchen where there is also as separate dining area. On this level you also find the master bedroom and bathroom. The children or guests can have the 3 bedrooms and bathrooms with extra living room one level lower. ( entrance of the house) Except for a parking next to the house there is an big garage with automatic gate. In the garden you can enjoy an Ibiza style covered shadow place for lazy summer day´s and lunches. When you want to live near a golf course next to Altea, this could maybe the place.

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 €535,000
    • Covered area: 265 m²
    • 5 rooms, 4 bath
    • Covered area: 195 m²
    • 5 rooms, 3 bath
  • Spain, AlteaSpain, Altea
    Apartment €205,000
    • Covered area: 120 m²
    • 3 rooms, 1 bath
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