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4 bed villa for sale in Benidorm, Spain, 540 m²

4 bed villa for sale in Benidorm, Spain, 540 m² - photo 1
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 2
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 3
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 4
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 5
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 6
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 7
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 8
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 9
4 bed villa for sale in Benidorm, Spain, 540 m² - photo 10
Price€1,550,000
TypeVilla
Covered area540 m²
Land area950 m²
Beds4
Bath4
Rooms5
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Environment

Description

The villa is located in the exclusive urbanization Sierra Cortina. This area stands out for its beautiful green areas, full of vegetation such as pine trees, vines, olive trees and aromatic shrubs. All necessary services (shopping centers, restaurants, golf courses, theme parks and etc.) and beaches of Benidorm are 5 minutes away by car. The house is built on a plot of 950 m², has an area of 540 m² and consists of 4 bedrooms (all with fitted wardrobes), 4 bathrooms (all en suite), open-plan living-dining room with fitted kitchen and equipped with appliances. It also has large terraces, garden, infinity pool and garage for 4 cars.

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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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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