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2 bed apartment for sale in Denia, Spain

2 bed apartment for sale in Denia, Spain - photo 1
2 bed apartment for sale in Denia, Spain - photo 2
2 bed apartment for sale in Denia, Spain - photo 3
2 bed apartment for sale in Denia, Spain - photo 4
2 bed apartment for sale in Denia, Spain - photo 5
2 bed apartment for sale in Denia, Spain - photo 6
2 bed apartment for sale in Denia, Spain - photo 7
2 bed apartment for sale in Denia, Spain - photo 8
Price€167,000
TypeApartment
Beds2
Bath2
Rooms3
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Sale Apartment - Dénia - Spain

Nice apartment in a residential area at only 500 meters to Denia town, Costa Blanca, Alicante, Spain. It is on the first corner floor with elevator and it is distributed in a living-dining room with access to the covered terrace with views to the community area and the Montgo, separate kitchen, 2 bedrooms one of them with bathroom en suite and a shower room. Good construction qualities: gres floor tiles, double glazing aluminium windows, pre-installation of air conditioning throguhout, intercom, etc... It is sold partly furnished and it is included in the price the parking place and the storage room in the basement of the building. The apartment is at only 1 Km. to Las Marinas beaches and the sports centre area. 

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
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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%
Helga
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