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2 bed flat for sale in Denia, Spain, 87 m²

2 bed flat for sale in Denia, Spain, 87 m² - photo 1
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Price€214,000
TypeFlat
Covered area87 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Marina Real II FI

Your new home with views of Montgó is located in Marina Royal II. This promotion of new construction in Denia, just 500 metres from the Marina, is composed of 155 dwellings, 80 homes in phase I and 75 homes in phase II, 2, 3 and 4 bedrooms with garage, storage room and excellent public areas.

Living in your new home in Marina Real II, you will have everything you need at your fingertips: Schools, shops, markets, health centres, etc. Furthermore, in close proximity to your new construction home you will find a number of bus and tram stops and accesses to such important roadways as the AP7 or the N332.

TRANSPORT

Tram: Calpe, Benidorm, La Vila-Joiosa, El Campello, San Juan, Alicante

Airports: Alicante and Valencia

Roads: AP7 (exit 62); N-332

Sea links: Balearia offers ferry services to Mallorca, Ibiza and Formentera

Bus lines: Buses to the beach and hospital

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
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