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2 bed flat for sale in Benidorm, Spain, 170 m²

2 bed flat for sale in Benidorm, Spain, 170 m² - photo 1
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Price€249,000
TypeFlat
Covered area170 m²
Beds2
Bath3
Rooms3
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Description

Residential complex Bellagio is the new, superbly sculptured, modern development situated near the beach in Villajoyosa. It consists of four luxury apartments built to the highest standards. Each apartment includes two bedrooms, each with bathroom, separate WC, fully fitted kitchen, living room, garage for two cars and storage. Absolutely everything has been considered, so there is even a lift from the garages in the basement up to the penthouse, as well as separate a shared room for guests. Each apartment has a spacious terrace with fantastic sea and panoramic views. Around the building has a WiFi network, as well as Central air-conditioning winter-summer, and electric window shutters. There is an indoor pool, with views from the mountains to the sea, the building of beautifully landscaped gardens.

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
430 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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