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10 bed a house for sale in Benisa, Spain, 479 m² - photo 1
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10 bed a house for sale in Benisa, Spain, 479 m² - photo 3
10 bed a house for sale in Benisa, Spain, 479 m² - photo 4
10 bed a house for sale in Benisa, Spain, 479 m² - photo 5
10 bed a house for sale in Benisa, Spain, 479 m² - photo 6
10 bed a house for sale in Benisa, Spain, 479 m² - photo 7
10 bed a house for sale in Benisa, Spain, 479 m² - photo 8

10 bed a house for sale in Benisa, Spain, 479 m²

ID: 245590
Price€599,000
Typea House
Covered area479 m²
Land area17000 m²
Beds10
Bath6
Rooms11
Qualify for Residence Permit
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Stunning 10-Bedroom Finca on a plot of 17000m2

Large and completely renovated property situated between Calpe and Benissa at the foothills of the Sierra Bernia mountains, surrounded by olive trees. This Finca style villa was built for investment purposes to generate rental income of 3 holiday apartments. There is another large apartment on the lower floor, currently occupied by the owners.
The B&B-style property consists on the top level of an apartment with 2 bedrooms, shower room and open plan kitchen and living area.(90m2)
Also on this level there is another apartment with 2 bedrooms, shower rooms, open plan kitchen and living area. (90m2)
The 3rd apartment next to the others, features 3 bedrooms, shower rooms, bathroom, an open plan kitchen and a living room. (120m2)
Apartment 4 has a surface of 174m2 and is on the lower level. It features 3 double bedrooms, 2 shower rooms, fully fitted kitchen, diner/lounge, study and sitting room.
The property includes a spacious garage, a beautiful pool, a nice garden, etc.
Ideal for B&B!

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%
Helga
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