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6 bed villa for sale in La Nucia, Spain, 260 m²

6 bed villa for sale in La Nucia, Spain, 260 m² - photo 1
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Price€485,000
TypeVilla
Covered area260 m²
Land area660 m²
Beds6
Bath4
Rooms7
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Villa in La Nucia

<p>This villa from 2000  has two parts and levels. The villa is 2x 130m2 on a plot of 660m2 The down part is exactly the same as the upper part. Because the difference in ground level both of them have a front door on the street. The downfloor on the east and the upperfloor on the westside where there also is a street. The down floor has in front of his terrace access to the swimming pool with nice palm trees. The upper part has to come down an outside stair ,with a door, to access the swimming pool area. Both floors are exact copies of each other except for the entrance door. There is a living room with chimney that gives access to the terrace,  a kitchen, 3 bedrooms and 2 bathrooms. A big storage place next to the kitchen. Outside they have both   a garage, and the downfloor also has a huge technical space which you can convert in gym, bodega  or hobby atelier. All rooms have radiators and the boiler is with citygas ( no bottles to carry). This could be ideal investment to buy and rent one part out for income and live in the other one. A 1000€/rent long term rental for the upper part is perfectly reachable.    If you want to visit this, no problem, we have the key´s. </p>

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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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

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