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4 bed villa for sale in Oliva, Spain, 160 m² - photo 1
4 bed villa for sale in Oliva, Spain, 160 m² - photo 2
4 bed villa for sale in Oliva, Spain, 160 m² - photo 3
4 bed villa for sale in Oliva, Spain, 160 m² - photo 4
4 bed villa for sale in Oliva, Spain, 160 m² - photo 5
4 bed villa for sale in Oliva, Spain, 160 m² - photo 6
4 bed villa for sale in Oliva, Spain, 160 m² - photo 7
4 bed villa for sale in Oliva, Spain, 160 m² - photo 8

4 bed villa for sale in Oliva, Spain, 160 m²

ID: 275069
Price€249,000
TypeVilla
Covered area160 m²
Land area770 m²
Beds4
Bath2
Rooms5
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4-Bedroom detached south facing villa in Oliva

This well maintained property is very spacious and could be used as one dwelling or two separate apartments. The villa comprises on the first floor a kitchen, utility room, spacious living/dining room feature fireplace with log burner, two double bedrooms, family bathroom, and a naya overlooking the swimming pool and pine trees. On the ground floor it is almost a mirror of the first floor with another living/dining room, a bathroom, two double bedrooms, large storage room, and a second naya. There is a staircase leading from the first floor to a sunny rooftop terrace with open views of the pine trees and local countryside.
Outside there is a carport, Kidney shaped swimming pool, tropical terraced gardens, and the rear is completely private. Other pleasing features to note are double glazing, central heating, all bedrooms have fitted wardrobes, and the property is fully alarmed.

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%
  • Spain, OlivaSpain, Oliva
    Townhouse €225,000
    • Covered area: 244 m²
    • 7 rooms, 3 bath
  • Spain, OlivaSpain, Oliva
    Villa €1,850,000
    • Covered area: 260 m²
    • 4 rooms, 3 bath
  • Spain, OlivaSpain, Oliva
    Villa €1,900,000
    • Covered area: 280 m²
    • 8 rooms, 1 bath
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