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3 bed flat for sale in Denia, Spain, 315 m²

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Price€420,000
TypeFlat
Covered area315 m²
Beds3
Bath2
Market infoNew homes
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Environment

Penthouse in Edificio Residencial Buenavista

The Buenavista Residential Building is located in the district of La Pedrera-Vessanes, in Denia. A place that occupies the north coast of Alicante and is equidistant from this city and Valencia.

An exceptional and desirable area for ownership between the sea and the mountains, which boasts the best views of the Costa Blanca. Moreover, it combines this tranquil environment of Montgó Natural Park green areas with lively and vibrant city characteristics such as all the necessary services and places of interest.

Along with its 20 km coastal promenades, Denia holds the honor of being named Creative City of Gastronomy by UNESCO. In addition to its historical heritage, headed by its castle, the city has all kinds of services such as supermarkets, schools, institutes, health centers, shops, sporting facilities, etc.

The city has numerous buses and a train station with the Denia-Benidorm-Alicante line. It is communicated by road through the N-332 and AP-7 highways.

Project description

The Buenavista project features 39 properties and penthouses with 2-4 bedrooms and 1-2 bathrooms. The properties are distributed on the ground floor, first, second and a top floor.

The interior features include American style kitchens with bar tables and chairs, a high-end quality electric cooker and an oven, hardwood flooring, light coloured finishing, an insulation system, efficient lighting use system with presence detectors, an entrance door with a security lock, split heating system and a video intercom. There are also parking places available in the building.

Resort-like outdoor amenities include a swimming pool, a barbecue area and community herb gardens. There is also a playground constructed for children.

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%
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