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1 bed apartment for sale in Benidorm, Spain, 74 m²

1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 1
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 2
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 3
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 4
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 5
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 6
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 7
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 8
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 9
1 bed apartment for sale in Benidorm, Spain, 74 m² - photo 10
Price€124,000
TypeApartment
Covered area74 m²
Beds1
Bath2
Rooms2
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Environment

Description

A modern and functional architectural concept that by its design makes the most of light, combining interior and exterior illumination through its spacious terraces. It is a residential complex that combines a practical and dynamic concepts is designed to enjoy both the interior and common facilities. You will have pools to relax, paddle courts for sport and for your children there are spacious garden and play areas to have fun.Apartments of 103 m2 includes an underground parking space and a storeroom. Close to the beach and shopping.

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
214 per month
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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
Company Representatives
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