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6 bed a house for sale in Moraira, Spain, 376 m² - photo 1
6 bed a house for sale in Moraira, Spain, 376 m² - photo 2
6 bed a house for sale in Moraira, Spain, 376 m² - photo 3
6 bed a house for sale in Moraira, Spain, 376 m² - photo 4
6 bed a house for sale in Moraira, Spain, 376 m² - photo 5
6 bed a house for sale in Moraira, Spain, 376 m² - photo 6
6 bed a house for sale in Moraira, Spain, 376 m² - photo 7
6 bed a house for sale in Moraira, Spain, 376 m² - photo 8

6 bed a house for sale in Moraira, Spain, 376 m²

ID: 245615
Price€550,000
Typea House
Covered area376 m²
Beds6
Bath5
Rooms7
Qualify for Residence Permit
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Large Luxury Villa 15 minutes walk into Moraira

Large luxury villa within walking distance to Moraira. This two storey villa with six bedrooms and five bathrooms to which three have their own private en-suite bathrooms or shower rooms.
The villa is situated across the road from a tennis club and an easy walk to local bars, shops and restaurants or a 15 minute walk along a pavement to the center of Moraira.
The villa has recently been refurbished to a high standard with modern double glazing and entirely new bathrooms.
It comprises of two stand alone apartments. The villa can be accessed from one of two roads affording a level entrance to both the upper and lower floors.
Each floor has its own separate entrance with a large entrance hall, a very large living-dining room with a large open kitchen with breakfast bar and a huge adjacent store room. The upper floor has three double bedrooms and two bathrooms including one en-suite bathroom while the lower floor has three double bedrooms and three bathrooms including two en-suites. Car port on upper level, gas central heating, integral window blinds, 8 x 5 metre swimming pool. This property has to been so appreciate the size and potential either as a family home or rental investment.

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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