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1 bed apartment for sale in Calpe, Spain, 45 m²

1 bed apartment for sale in Calpe, Spain, 45 m² - photo 1
1 bed apartment for sale in Calpe, Spain, 45 m² - photo 2
1 bed apartment for sale in Calpe, Spain, 45 m² - photo 3
1 bed apartment for sale in Calpe, Spain, 45 m² - photo 4
1 bed apartment for sale in Calpe, Spain, 45 m² - photo 5
1 bed apartment for sale in Calpe, Spain, 45 m² - photo 6
Price€170,000
TypeApartment
Covered area45 m²
Beds1
Bath1
Rooms2
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1-Bedroom frontline apartment with parking in Calpe

This apartment is situated frontline to the beach and only a 5 minutes walk to Calpe’s harbor and within easy walking distance to town along the promenade. The apartment consists of one bedroom, a bathroom, living/dining room, kitchenette and spacious terrace with panoramic views of the sea and mountains to the other side. The communal areas include an adult’s swimming pool, kiddie’s pool, whirlpool and ample areas for sunbathing. The apartment comes furnished and includes a private parking space.

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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