7 bed villa for sale in Moraira, Spain, 450 m²

ID: 244567

Price	€925,000
Type	Villa
Covered area	450 m²
Beds	7
Bath	6
Rooms	8
Qualify for Residence Permit
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EXCLUSIVE. Exceptional 7 Bedroom 6 Bathroom property

EXCLUSIVE. Exceptional 7 bedroom, 6 bathroom property split over 2 levels.
This property is currently presented as 3 fully functional apartments, which could easily be transformed back in to a large family home. Access to the property is gained via electric gates leading onto a large driveway with parking for several cars. Here you also have access to a large private pool combined with private terraces, outdoor kitchen and BBQ area. The property benefits from amazing sea views from the upper floor with its open plan living and large private terrace. The property also benefits from a solarium, a large private plot and is within walking distance of all the amenities and Moraira.

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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€4 154 per month

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