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2 bed apartment for sale in Orihuela, Spain, 90 m²

2 bed apartment for sale in Orihuela, Spain, 90 m² - photo 1
2 bed apartment for sale in Orihuela, Spain, 90 m² - photo 2
2 bed apartment for sale in Orihuela, Spain, 90 m² - photo 3
2 bed apartment for sale in Orihuela, Spain, 90 m² - photo 4
Covered area90 m²
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Modern garden apartment with 2 bedrooms

New Development. Modern apartment in an exclusive residential development of 40 luxury apartments in "Las Colinas Golf & Country Club" Golf Course, with gardens and large communal swimming pool.
Garden apartment built with the latest technology and designed with the concept of a villa with an entrance, spacious and bright open plan living/dining area with modern kitchen with access to the large terrace and small garden, patio, 2 bathrooms and 2 bedrooms. The master bedroom with en-suite bathroom.
Built to enjoy the stunning views provided by the golf course.

The exclusive development "Las Colinas Golf & Country Club", with tennis academy, golf academy and clubhouse, gymnasium, restaurants, etc. is surrounded by all the amenities.
It enjoys excellent communications by air, rail and road.

Extra Сosts when Buying Property

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%
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
475 per month
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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
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+34 (931) 720-189
Office in UK
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