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2 bed apartment for sale in Calpe, Spain, 80 m²

2 bed apartment for sale in Calpe, Spain, 80 m² - photo 1
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2 bed apartment for sale in Calpe, Spain, 80 m² - photo 8
2 bed apartment for sale in Calpe, Spain, 80 m² - photo 9
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2 bed apartment for sale in Calpe, Spain, 80 m² - photo 12
2 bed apartment for sale in Calpe, Spain, 80 m² - photo 13
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2 bed apartment for sale in Calpe, Spain, 80 m² - photo 17
2 bed apartment for sale in Calpe, Spain, 80 m² - photo 18
2 bed apartment for sale in Calpe, Spain, 80 m² - photo 19
Price€170,000
TypeApartment
Covered area80 m²
Beds2
Bath1
Rooms3
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Description

This two bedroom apartment is located on the top floor of a building in front of the beach of La Fossa in Calpe.Thanks to being on the ninth floor, it has wonderful views of the sea and the mountains.The apartment has a private covered parking space, and the building has two elevators and large common areas.The apartment is distributed in a large living room, a separate kitchen, two exterior rooms and a bathroom. Updates are needed on the property.The location of the building is perfect, since in the same street there are coffee shops, supermarkets, shops, cafes, etc.The distance to the beach is approximately 15 meters.

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
293 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
0%
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