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1 bed apartment for sale in Benidorm, Spain, 80 m²

1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 1
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 2
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 3
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 4
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 5
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 6
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 7
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 8
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 9
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 10
1 bed apartment for sale in Benidorm, Spain, 80 m² - photo 11
Price€190,000
TypeApartment
Covered area80 m²
Beds1
Bath1
Rooms2
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Description

This one bedroom apartment in one of the new luxury in Benidorm!
From the room , lounge and huge terrace You can enjoy panoramic views of the whole of Benidorm and the Mediterranean sea! From the Windows of the kitchen You have a beautiful view of the mountains.
The apartment is new, fully furnished, kitchen equipped with appliances, Central air-con installed.
Located in a gated complex with pool surrounded by green gardens, there is also tenisty court, gym and sauna. Just a 5-minute walk from the sandy Poniente beach and 3 minutes walk from shops, supermarkets. A few meters from the house there is a bus stop for easy links to the center of Benidorm and the commercial centre La Marina.
Excellent offer for permanent living, holidays and expensive rents!

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
328 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%
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