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10 bed flat for sale in Barcelona, Spain, 425 m²

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Price€2,000,000
TypeFlat
Covered area425 m²
Beds10
Bath4
Rooms13
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Description

For sale an exclusive apartment in a prestigious area of Barcelona, occupying an entire floor of the building in which located. Area - 425 sq. m., 2 living rooms, 1 library, 10 bedrooms, 4 bathrooms, 1 kitchen. Needs a comprehensive reform, which can be divided into 4 separate objects, given the fact that the Windows overlook the 4 sides. The ceiling height is 3.20 m, the stored details of the last century. Surface of the apartment is completely square, with a courtyard (light shaft) in the center.

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%
Amina
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