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2 bed a house for sale in Benidorm, Spain, 131 m²

2 bed a house for sale in Benidorm, Spain, 131 m² - photo 1
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 2
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 3
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 4
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 5
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 6
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 7
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 8
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 9
2 bed a house for sale in Benidorm, Spain, 131 m² - photo 10
Price€179,900
Typea House
Covered area131 m²
Beds2
Bath2
Rooms3
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Environment

Description

The bungalows are 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 urbanization has a swimming pool and large landscaped zones. The houses have an area of 131 m² up to 178 m² and consist of 2 bedrooms, 2 bathrooms, open plan living-dining room with fitted kitchen and large terraces. Those on the ground floor have two terraces and the attics a terrace and solarium. There is also parking space and storage.Price from 179.900 €

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%
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