property in SpainCosta Blanca areaCalpe cityapartmentApartment № 293929

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4 bed apartment for sale in Calpe, Spain, 150 m²

4 bed apartment for sale in Calpe, Spain, 150 m² - photo 3

4 bed apartment for sale in Calpe, Spain, 150 m² - photo 4

4 bed apartment for sale in Calpe, Spain, 150 m² - photo 5

4 bed apartment for sale in Calpe, Spain, 150 m² - photo 6

4 bed apartment for sale in Calpe, Spain, 150 m² - photo 7

4 bed apartment for sale in Calpe, Spain, 150 m² - photo 8

4 bed apartment for sale in Calpe, Spain, 150 m² - photo 9

Price	€169,680
Type	Apartment
Covered area	150 m²
Beds	4
Bath	2
Rooms	5
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Description

This apartment is located in the heart of Calpe, just 100 meters from supermarkets, the historic center of the city and various services.It is divided into four rooms, two bathrooms, a separate kitchen, a large living room and a terrace facing south.The building was built in 2004, and has very good quality, television and telephone sockets in the rooms, marble floors, fully equipped kitchen, air conditioning and heating throughout the property.

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

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Spain, Calpe
Apartment €169,680
- Covered area: 150 m²
- 5 rooms, 2 bath

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