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2 bed apartment for sale in Benidorm, Spain, 65 m²

2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 1
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 2
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2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 4
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 5
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2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 7
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 8
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 9
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 10
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 11
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 12
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 13
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 14
Price€97,500
TypeApartment
Covered area65 m²
Beds2
Bath1
Rooms3
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Description

Apartments for sale in one of the most expensive residential area of Benidorm at below market price, urgent sale! Urbanization closed to outsiders, with CCTV cameras and security, swimming pool with slide for adults and children, sauna, gym and yoga area, a computer room with free Wi-Fi for residents, the marble in the hallways, underground garage with video surveillance etc. the apartment itself is in excellent condition, did not give up, very well maintained and cozy, lots of sunlight, high floor with beautiful views of the skyscrapers of Benidorm. Entrance hall, living room with kitchen and access to terrace of 10 m2, large master bedroom with fitted wardrobes, second smaller bedroom, bathroom. A great and profitable option for investment for rent or for own stay!

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
168 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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