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2 bed apartment for sale in Orihuela, Spain - photo 1
2 bed apartment for sale in Orihuela, Spain - photo 2
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2 bed apartment for sale in Orihuela, Spain

ID: 244148
Price€265,000
TypeApartment
Beds2
Bath2
Rooms3
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Sale Apartment - Orihuela - Spain

Comtemporary apartment in the prestigious residential Las Colinas Golf Course.The property has a spacious living room with kitchen, 2 bedrooms, 2 bathrooms, 2 terraces, one covered of 23sqm , parking place and communal swimming pool for adults and children. The resort has an outdoor gym surrounded by gardens.Equipped with underfloor heating in bathrooms, AACC and inteligent technology 3.0

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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