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4 bed villa for sale in Altea, Spain, 702 m²

4 bed villa for sale in Altea, Spain, 702 m² - photo 1
4 bed villa for sale in Altea, Spain, 702 m² - photo 2
4 bed villa for sale in Altea, Spain, 702 m² - photo 3
4 bed villa for sale in Altea, Spain, 702 m² - photo 4
4 bed villa for sale in Altea, Spain, 702 m² - photo 5
4 bed villa for sale in Altea, Spain, 702 m² - photo 6
Price€1,200,000
TypeVilla
Covered area702 m²
Beds4
Bath4
Market infoNew homes
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Environment

Villa Alt&Art

The urbanization AlteArt consists of 29 luxury houses of new construction with modern design and style. The houses offer beautiful panoramic views of the Platja de la Roda beach, Levante and Poniente Benidorm beaches, the Puig Campana mountain and the Sierra de Bernia with large windows and terraces as well as balconies.

AlteArt is located in the beautiful town of Altea, in the province of Alicante (Spain). Altea is one of the most charming villages on the Costa Blanca. It also holds the official title of Cultural Capital of the Valencian Community. For years, Altea has been a refuge for poets, singers, painters, sculptors and potters. The urbanization has its own security measurements and is located just 5 minutes from Altea

La Vella where all kinds of establishments such as restaurants, supermarkets, cafes, etc. can be found and 10min from the beach. Altea has a privileged location with both sea and beach, as well as mountain and river. Altea has more than 8 km of coastline, alternating cliffs and small coves with stretches of beach on flat terrain, including L'Espigó, L'Olla, Cap Negret, El Mascarat, La Roda and Cap Blanc. Altea enjoys having the Algar river and also the Sierra de Bernia, at the foot of which is located AlteArt. Altea enjoys more than 3000 hours of sunshine a year and the average annual temperature is 18.3°C. AlteArt is specifically located in Altea La Nova 5.8km (11min by car) from l'Olla beach and 7.5km (12min by car) from Altea town.

The impressive houses include high quality exteriors: a large tropical wooden terrace and a private SPA-pool to enjoy the breathtaking views of the Mediterranean Sea. All facets of Alteart are designed to radiate an aura of luxury, modern elegance andrelaxation. Floor-to-ceiling windows accentuate the brightness and spaciousness of the interior. The combination of subtle colours and textured surfaces ensures a top-quality finish. In the master bedroom, the full height window walls project views of the sea and the vibrant city of Benidorm. This is where Altea's most spectacular sunsets take place
in a refined and relaxing atmosphere.

All the houses have 4 bedrooms, 4 bathrooms, 1 extra toilet, living room, kitchen, parking for 1 or 2 cars, terrace and private SPA-pool as well as private lift.

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
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