property in SpainCosta Blanca areaCalpe cityapartmentApartment № 293888

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1 bed apartment for sale in Calpe, Spain, 57 m²

1 bed apartment for sale in Calpe, Spain, 57 m² - photo 3

1 bed apartment for sale in Calpe, Spain, 57 m² - photo 4

1 bed apartment for sale in Calpe, Spain, 57 m² - photo 5

1 bed apartment for sale in Calpe, Spain, 57 m² - photo 6

1 bed apartment for sale in Calpe, Spain, 57 m² - photo 7

1 bed apartment for sale in Calpe, Spain, 57 m² - photo 8

Price	€99,500
Type	Apartment
Covered area	57 m²
Beds	1
Bath	1
Rooms	2
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Description

The apartment is only 150 meters from the beach, in a very quiet area and very close to all leisure areas, supermarkets, restaurants etc ...It is renovated and ready to move into. It has an elevator and is located on the 3rd floor.The apartment has one bedroom, a bathroom completely renovated in modern style, american kitchen with living room where access to the terrace. It has air conditioning (hot-cold)This apartment is ideal for people who want to live in a quiet place close to all the services offered by Calpe or to make it profitable by renting.

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

€172 per month

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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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Spain, Calpe
Apartment €99,500
- Covered area: 57 m²
- 2 rooms, 1 bath

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