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2 bed apartment for sale in Calpe, Spain, 89 m²

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Price€231,500
TypeApartment
Covered area89 m²
Beds2
Bath2
Rooms3
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Environment

Fantástico apartamento en Calpe – Bennecke

Fantastic new build apartment in Calpe. The property consists of 2 bedrooms, 2 bathrooms (one of which en-suite) located on a ground floor. Also the property has a large dining-living room, american kitchen, big terrace of 29 m2. The apartment is located in a luxury complex with communal pool, jacuzzi, kids area, green areas, parking place and storage. The residencial is close to all the amenities, 150 m from the beach and 300 m from the penon of Ifach.
This medium sized town is situated to the north of Alicante or the Costa Blanca, it is the favorite of Spaniards and foreigners to enjoy during the winter, summer or even to live all year round. For lovers of discovering new landscapes, Calpe is in a privileged position to explore all the North of the Costa Blanca. Perfectly communicated by road with the entire coast of Alicante. From here you can discover charming villages such as Altea, Moraira, Jávea, Benissa-Teulada, Moraira and the other two big cities: Benidorm and Alicante. AAnd it´s less than an hour from Alicante-Elche Airport.

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
399 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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