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1 bed apartment for sale in Javea, Spain, 71 m²

1 bed apartment for sale in Javea, Spain, 71 m² - photo 1
1 bed apartment for sale in Javea, Spain, 71 m² - photo 2
1 bed apartment for sale in Javea, Spain, 71 m² - photo 3
1 bed apartment for sale in Javea, Spain, 71 m² - photo 4
Price€204,600
TypeApartment
Covered area71 m²
Beds1
Bath1
Rooms2
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New build 1- bedroom duplex apartment close to the Arenal beach in Javea

New 1 bedroom, 1 bathroom duplex apartment, in a stylish residential complex consisting of 42 apartments and duplexes spead over 2 buildings of only three floors. The apartment is situated on the second floor and disposes of a large private roof top solarium. The complex with large communal areas, swimming pool, parking and storage area is located nearby the beautiful Arenal Beach and close to all the amenities: supermarkets, shops, restaurants, bars... Ideal for long term living or to achieve maximum holiday rental potential. Prices start from 204.600€.

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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