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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€585,000
TypeVilla
Covered area295 m²
Beds3
Bath4
Rooms4
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Environment

Description

Fantastic villa with sea views in Altea. The property consits of 3 bedrooms, 4 bathrooms, large dining-living room and open kitchen. Also the villa has a large terrace of 94 m2 where you can enjoy the breathtaking views from altea and the sea. The property has private pool and garaje.
With direct access to the motorway, with Benidorm at a distance of 10 Km, only 50 Km from Alicante Airport and 100 km from Valencia. The picturesque coastal town of Altea allows you to have all the services and entertainment of a big city and, at the same time, enjoy yourself by being immersed in a view open to nature and the intense blue of the Mediterranean Sea.

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%
Paula
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