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7 bed villa for sale in Moraira, Spain, 400 m²

7 bed villa for sale in Moraira, Spain, 400 m² - photo 1
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Price€1,100,000
TypeVilla
Covered area400 m²
Land area2200 m²
Beds7
Bath6
Rooms8
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Description

Magnificent villa in a good location in Moraira.
This lovely villa has 5 bedrooms and 4 bathrooms one of which is a master suite with en suite bathroom including a guest apartment with 2 bedrooms and open plan kitchen. The property boasts underfloor heating, air conditioning, 2 garages, a lovely pool area with summer kitchen and outside bathroom, various sun terraces and lots of parking. The house is on a flat plot of 2200m2 is 400m2  built size and was renovated in 2018 it is south facing. The villa is about 1km from Moraira and very close to amenities and the beach. This is an amazing family home. 

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

Property Price
Rental Cost
0%
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