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3 bed villa for sale in Calpe, Spain, 110 m² - photo 1
3 bed villa for sale in Calpe, Spain, 110 m² - photo 2
3 bed villa for sale in Calpe, Spain, 110 m² - photo 3
3 bed villa for sale in Calpe, Spain, 110 m² - photo 4

3 bed villa for sale in Calpe, Spain, 110 m²

ID: 245373
Covered area110 m²
Land area700 m²
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Bungalow with panoramic views

Newly renovated bungalow with panoramic sea views. The house is on 3 levels plus a solarium on another level. The house is composed of 3 bedrooms, 1 bathroom with the possibility to add a second one, an open plan kitchen and a nice living area. The 700 m2 plot gives the option to have a free standing pool. The property also has access to a communal swimming pool.

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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Interest Rate
380 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
  • Spain, CalpeSpain, Calpe
    a House €265,000
    • Covered area: 193 m²
    • 5 rooms, 3 bath
  • Spain, CalpeSpain, Calpe
    Villa €1,600,000
    • Covered area: 660 m²
    • 7 rooms, 8 bath
  • Spain, CalpeSpain, Calpe
    Villa €1,100,000
    • Covered area: 273 m²
    • 6 rooms, 5 bath
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