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3 bed apartment for sale in Benisa, Spain, 95 m²

3 bed apartment for sale in Benisa, Spain, 95 m² - photo 1
3 bed apartment for sale in Benisa, Spain, 95 m² - photo 2
3 bed apartment for sale in Benisa, Spain, 95 m² - photo 3
3 bed apartment for sale in Benisa, Spain, 95 m² - photo 4
Covered area95 m²
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3-Bedroom Apartment with an indoor and outdoor pool

Modern three-bedroom apartment situated in the sought after Jardines Montemar complex.
The apartment on the top floor benefits from a good size open plan living, dining and kitchen area plus two large double bedrooms one with ensuite and dressing room plus another family bathroom.
The upper level of the apartment is currently used as the third bedroom but could be used as an office or an additional lounge area this level also benefits from a private terrace. The complex also benefits from two outdoor pools plus a heated indoor pool, communal gardens, parking and storage.

Its for sale unfurnished!

Extra Сosts when Buying Property

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%
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
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