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2 bed flat for sale in Finestrat, Spain, 76 m²

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Price€198,000
TypeFlat
Covered area76 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Residencial Campana Bay

Campana Garden is a new project that consists of luxury villas and apartments, on a plot of 23,000 square meters, between Finestrat and Benidorm. The geographical location of the project will allow you to enjoy an exceptional microclimate with the largest number of sunny hours per day on the Costa Blanca.

The residential complex is located between the sea and the mountains, near the beaches of the Spanish Levante. The picturesque village of Finestrat with hanging houses, and the popular Benidorm with a wide range of services and infrastructure provide the opportunity to enjoy both the tranquility and entertainment in the area.

Golf courses, aqua park and park of entertainments (Terra Mitica), restaurants, supermarkets, medical centers, sports facilities are some of the possibilities of the area. It is conveniently connected to the rest of the province by public and private transport.

Project description

Campana Garden consists of several residential ensembles.

In the residential complex Ana Mar are luxury townhouses and detached villas with private pool, garden and parking from 309,000 euros without VAT.

CostaLife residential complex I, II and III includes separate luxury villas on plots of 500 square meters, with exceptional views. The starting price of the villas is 389,000 euros plus VAT.

Campana Bay consists of 44 bright apartments in blocks of four apartments, with a solarium, terrace or garden. The price of apartments starts from 185,000 euros without VAT.

The Skyline complex consists of 16 villas on plots of 500 square meters with a private pool. The starting price of the villas is 335,000 euros plus VAT.

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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0%
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