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Villa for sale in La Nucia, Spain, 110 m² - photo 1
Villa for sale in La Nucia, Spain, 110 m² - photo 2
Villa for sale in La Nucia, Spain, 110 m² - photo 3
Villa for sale in La Nucia, Spain, 110 m² - photo 4

Villa for sale in La Nucia, Spain, 110 m²

ID: 245423
Price€170,000
TypeVilla
Covered area110 m²
Bath1
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Bungalow - La Nucia

This character Bungalow is situated in an oasis of greenery. It has panoramic views of the Mountains (Sierra de Bernia and Aitana) The house comes with a large plot of land of 2000m2 and has mature orange, lime and grape trees.

Outside you have a big south and west-facing terrace where you can enjoy the mountain views. Inside the house you have a living area with stove, an open kitchen and a bathroom. It is possible to extend the house and create 2 extra rooms.

If you like the countryside, beautiful mountain views and in to a renovation project, this is one for you.

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%
Amina
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