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2 bed apartment for sale in Calpe, Spain, 70 m²

2 bed apartment for sale in Calpe, Spain, 70 m² - photo 1
2 bed apartment for sale in Calpe, Spain, 70 m² - photo 2
2 bed apartment for sale in Calpe, Spain, 70 m² - photo 3
2 bed apartment for sale in Calpe, Spain, 70 m² - photo 4
2 bed apartment for sale in Calpe, Spain, 70 m² - photo 5
Price€249,000
TypeApartment
Covered area70 m²
Beds2
Bath1
Rooms3
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2-Bedroom frontline apartment with panoramic views

This fully renovated apartment is situated on the front line of the levante beach of Calpe, with panoramic sea and Peñon d’Ifach views from the terrace, living room and one of the bedrooms. There are 2 bedrooms, a bathroom, living room and a completely independent kitchen and a hallway with storage cupboards. The bedrooms have built in wardrobes and it comes fully furnished.
The complex will be building a communal swimming in the next couple of months. Great location and stunning views all round.

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%
Helga
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