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4 bed villa for sale in Benisa, Spain, 212 m² - photo 1
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4 bed villa for sale in Benisa, Spain, 212 m²

ID: 278515
Price€595,000
TypeVilla
Year built2018
Covered area212 m²
Land area920 m²
Beds4
Bath4
Rooms5
Qualify for Residence Permit
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Description

Brand new, modern, 4 bedroom villa located close to the beach. The villa has recently been built and equipped with underfloor heating, full air conditioning, fully equipped kitchen, furnished bathrooms, electric shutters, mosquito nets, wardrobes in the bedrooms. The main floor comprises of a spacious open plan living room with lounge, dining area and kitchen, bedroom with en-suite bathroom, another bedroom, family bathroom and utility/laundry room. On the upper level there are two bedrooms with en-suite bathrooms, each with access to their own terraces. In the garden there is the 8x4m pool, open terracing, drive with automatic gates. 

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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