property in SpainCosta Blanca areaBenidorm citya housea House № 327359

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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 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
Type	a House
Covered area	131 m²
Beds	2
Bath	2
Rooms	3
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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

€310 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

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Spain, Benidorm
a House €179,900
- Covered area: 131 m²
- 3 rooms, 2 bath

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