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3 bed house for sale in Moraira, Spain, 240 m² - photo 1
3 bed house for sale in Moraira, Spain, 240 m² - photo 2
3 bed house for sale in Moraira, Spain, 240 m² - photo 3
3 bed house for sale in Moraira, Spain, 240 m² - photo 4
3 bed house for sale in Moraira, Spain, 240 m² - photo 5

3 bed house for sale in Moraira, Spain, 240 m²

ID: 245606
Price€570,000
TypeHouse
Covered area240 m²
Beds3
Bath2
Rooms4
Qualify for Residence Permit
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New modern 3-bedroom villa on one level in El Estret

This is beautiful modern project all on one level in the "El Estret" area in Moraira.
It´s located 1.5 km from Moraira and has valley views.
It has 3 bedrooms, 2 bathrooms, one ensuite and a separate guest toilet.
It will be built with a solid construction system, different from the traditional system using concrete blocks, which confers high energy efficiency and comfort with reduced energy housing costs of 50 %.
It has central heating and air-conditioning.

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%
Jane
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