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3 bed townhouse for sale in Alcala, Guia de Isora, Spain, 103 m²

Covered area103 m²
Land area50 m²
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3 Bedroom Townhouse

Townhouse for sale in Alcalá, 3 minutes walk from the beach and a beautiful promenade with several bays and playgrounds, there are several cafes, restaurants, supermarkets, banks, pharmacy, bus stop in the area.
The house has a total of 127.70 m2, which 102.65 m2 are useful. It has 3 floors, the ground floor has a living room, a kitchen with extra space and a toilet. The first floor has 3 bedrooms (one with a separate dressing room, which can be converted into the second bathroom), a bathroom and a small interior terrace. On the second floor is an open terrace with possibilities to build another room or partially close it. The house has a closed garage. Without community fees, the annual tax of the IBI is 213.69 euros.

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
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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
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Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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