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3 bed townhouse for sale in Finestrat, Spain, 174 m²

3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 1
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 2
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 3
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 4
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 5
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 6
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 7
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 8
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 9
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 10
3 bed townhouse for sale in Finestrat, Spain, 174 m² - photo 11
Price€229,900
TypeTownhouse
Covered area174 m²
Beds3
Bath2
Market infoNew homes
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Environment

Townhouse in Panoramic Beach Resorts

The development Palm Beach Resort is located in Finestrat, a small municipality in Valencian Community, which is settled in Alicante and forms the conurbation of Benidorm.

The Finestrat creek and the Campana Hill are spotlighted in this area as between sea and mountains, which forms its Mediterranean character. The historic town center presents glimpses of times gone by, it reveals corners of unrepeatable charm thanks to its emblematic “hanging houses”.

Despite being a small Costa Blanca’s town, Finestrat has all the necessary services and is supported by strong infrastructure, which covers all the needs of its inhabitants. Thus, the area has large supermarkets, medical centers, library, museum, several schools (C.E.I.P. Puig Campana and C.E.I.P. Finestrat) and a municipal sports hall.

This town is located 12 km only from Benidorm, one of the most important social and cultural centers in Alicante and has several bus connections running through it.

Project Description

Built on the closed plot of 18.300 square meters with green areas and swimming pools, Panoramic Beach Resorts consists of 11 independent and modern villas and 44 semi-detached houses.

The villas are built on the plots of 500 square meters, have 210 square meters, three bedrooms, three bathrooms, guest WC, living room with open-plan kitchen, terrace, private swimming pool and two parking places. Its price starts from 389,900 euros plus VAT.

The semi-detached houses, all of them with its own private garden, are available in three different types: plots of 127 and 175 square meters, of two or three bedrooms and 1 or 2 bathrooms. Its large terraces and solarium offer to enjoy beautiful, breathtaking views of the Mediterranean. The prices vary between 169,900 and 269,900 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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Company Representatives
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+34 (931) 720-189
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+7 (495) 240-81-87
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