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3 bed apartment for sale in Alcala, Guia de Isora, Spain, 160 m²

Covered area160 m²
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3 Bedroom Apartment

Apartment or window to Atlantic ??
It highlights the modern design of straight lines with steel and glass.
We walked down a long corridor that connects the 3 bedrooms to the left, all with fitted wardrobes and direct access to a splendid terrace of 40 m2 with a large table to share with family or friends, and on the right a bathroom and a toilet, all modern design including automatic toilet covers. Then we entered a large, bright room with a modern, fully equipped kitchenette (microwave, oven and hob, dishwasher, washing machine and refrigerator all brand Teka), with snaps, then dining room with furniture and access to a large terrace of 60 m2, almost a direct balconies Ocean, neighboring islands such as La Gomera and La Palma and Los Gigantes cliffs.
Include the fabulous infinity pool on the top floor with 360 degree views of nature, simply spectacular, not to mention the 2 car garage which are very useful and functional for the property.

Extra Сosts when Buying Property

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%
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
475 per month
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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
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
in Russia
+7 (495) 240-81-87
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