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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
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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 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
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2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 12
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2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 14
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 15
2 bed apartment for sale in Benidorm, Spain, 65 m² - photo 16
Price€120,000
TypeApartment
Covered area65 m²
Beds2
Bath1
Rooms3
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Description

This apartment is located in a gated complex with swimming pool. There's also a sports hall. Just 300 metres from the sandy beach of La Cala, supermarket, restaurants, Park and shops.
The apartment has one bedroom and the second bedroom through the half of the terrace, a bathroom, a kitchen and a bright living room with exit to the terrace with views of the mountains and Benidorm. Also there is a Parking place.

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
207 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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in Spain
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+34 (931) 720-189
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