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3 bed villa for sale in Moraira, Spain, 213 m² - photo 1
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3 bed villa for sale in Moraira, Spain, 213 m² - photo 8
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3 bed villa for sale in Moraira, Spain, 213 m²

ID: 278533
Price€280,000
TypeVilla
Covered area213 m²
Land area649 m²
Beds3
Bath2
Rooms4
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Description

Villa in need of renovation in Moraira.
 
A three bedroomed villa in a great location within a 15 in walk down to Moraira and a 2 min walk to amenities.
 
This property is split over two levels with the main living on the upper level and with a separate one bedroomed apartment on the lover level. The main living area consists of two bedrooms and two bathrooms, lounge and kitchen.
 
 
A great opportunity to renovate into a really nice villa in a good area.
 
 

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%
Paula
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