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3 bed villa for sale in Altea, Spain, 295 m²

3 bed villa for sale in Altea, Spain, 295 m² - photo 1
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Price€520,000
TypeVilla
Covered area295 m²
Beds3
Bath4
Rooms4
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Villa in Altea

Newly built villa with panoramic views of the sea and the skyline of Benidorm, in Altea. It is a closed residential complex, full of light, with large interior spaces and unique architecture in a natural environment. Independent houses with 3 and 4 bedrooms, 3 and 4 bathrooms, open kitchen, living rooms and dining rooms of various shapes and large terrace. They have private garage and pool. The show villa can be visited. Furniture, decoration and curtains included in this show villa, € 668,000.

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%
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+34 (931) 720-189
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