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1 bed flat for sale in Benidorm, Spain, 52 m²

1 bed flat for sale in Benidorm, Spain, 52 m² - photo 1
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 2
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 3
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 4
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 5
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 6
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 7
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 8
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 9
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 10
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 11
1 bed flat for sale in Benidorm, Spain, 52 m² - photo 12
Price€110,000
TypeFlat
Covered area52 m²
Beds1
Rooms2
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Description

Apartment with 1 bedroom with a total area of 52m2 is located on the 8th floor of a building with Elevator in a well maintained green residence with 2 swimming pools, a sun terrace, a children's Playground. The apartment has a bedroom, a bathroom, a separate kitchen with utility room and living room with exit to the terrace, which offers views of the beach and sea.
 
The apartment has air conditioning, furniture and appliances, good condition.
Private Parking space included in the price

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
190 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
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
London
+44-20-3936-4067
in Russia
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+7 (495) 240-81-87
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