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3 bed apartment for sale in Calpe, Spain, 106 m²

3 bed apartment for sale in Calpe, Spain, 106 m² - photo 1
3 bed apartment for sale in Calpe, Spain, 106 m² - photo 2
3 bed apartment for sale in Calpe, Spain, 106 m² - photo 3
3 bed apartment for sale in Calpe, Spain, 106 m² - photo 4
Covered area106 m²
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High specification 3 Bed Penthouse apartment close to Calpe Port

High Specification 3 bed Triplex Penthouse apartment in a complex of just 11 prestige units. This apartment occupies the whole of the 7th, 8th and 9th floors, has 3 bedrooms and 3 bathrooms with 1 ensuite. On the 7th floor there is a spacious living area and Dining Kitchen, with 1 bedroom and a bathroom, the terrace surrounds the whole of the floor. On the 8th floor there are 2 bedrooms and 2 bathrooms, again with terraces surrounding the whole of the exterior. On the 9th floor there is a large terrace with barbecue kitchen, with approximately half the terrace being covered . Lift access (7th Floor), swimming pool, car park

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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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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