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2 bed apartment for sale in Orihuela, Spain, 191 m²

2 bed apartment for sale in Orihuela, Spain, 191 m² - photo 1
2 bed apartment for sale in Orihuela, Spain, 191 m² - photo 2
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2 bed apartment for sale in Orihuela, Spain, 191 m² - photo 5
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2 bed apartment for sale in Orihuela, Spain, 191 m² - photo 8
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2 bed apartment for sale in Orihuela, Spain, 191 m² - photo 10
2 bed apartment for sale in Orihuela, Spain, 191 m² - photo 11
2 bed apartment for sale in Orihuela, Spain, 191 m² - photo 12
Price€159,000
TypeApartment
Covered area191 m²
Beds2
Bath2
Rooms3
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Environment

Bonito apartamento en Villamartin, Orihuela Costa – Bennecke

Beautiful apartment on the first floor in Villamartin, Orihuela Costa. The house has 2 bedrooms and 2 bathrooms and a beautiful terrace of 34m2. It also has communal gardens with shared pool and garage for each of the homes.
Palapa Golf Residencial is one of the most beautiful areas of Orihuela Costa and has a great connection by road with the different beaches and areas of tourist interest of the Costa Blanca. It Is very close to The Zenia, Playa Flamenca, Cabo Roig, Villa Martin, Campoamor, Los Dolses and Punta Prima. It is also located near of larger urban centres such as Torrevieja, Guardamar or Alicante (towards the north), and Pilar de la Horadada, San Pedro del Pinatar or La Manga del Mar Menor (towards the south).

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
274 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
0%
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