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3 bed flat for sale in Benidorm, Spain, 109 m²

3 bed flat for sale in Benidorm, Spain, 109 m² - photo 1
3 bed flat for sale in Benidorm, Spain, 109 m² - photo 2
3 bed flat for sale in Benidorm, Spain, 109 m² - photo 3
3 bed flat for sale in Benidorm, Spain, 109 m² - photo 4
Price€149,000
TypeFlat
Covered area109 m²
Beds3
Bath1
Rooms4
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Description

Rincon De Loix is the tourist area of Benidorm! Unspoiled beaches, discos, restaurants, excursions - and much more here you will find an unforgettable holiday!
Beautiful two bedroom apartment with two bedrooms, bathroom, kitchen, spacious living room with fireplace, another room that can be used as a workshop, office or another bedroom, fully furnished, has all necessary appliances, air conditioning winter-summer, dual window. The urbanization has swimming pool and Parking, the nearest beach is a five minute walk.
A great option both for investment and for own use!

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
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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
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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