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2 bed apartment for sale in Benidorm, Spain, 88 m²

2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 1
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2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 4
2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 5
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2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 7
2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 8
2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 9
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2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 11
2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 12
2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 13
2 bed apartment for sale in Benidorm, Spain, 88 m² - photo 14
Price€125,000
TypeApartment
Covered area88 m²
Beds2
Bath1
Rooms3
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Description

Apartment in private complex with swimming pool, tennis courts, green areas and Parking, the cost of which is included in the price. Two bedrooms, lounge, bathroom, kitchen, large balcony with sea views, lift. Promising for seasonal change. Infrastructure in walking distance, 3 minutes from the famous Levante beach. Price reduced 21/10/2014 with up to 128.000 125.000 Euro

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
216 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%
Company Representatives
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+7 (495) 240-81-87
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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