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3 bed apartment for sale in Orihuela, Spain, 124 m²

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Price€213,000
TypeApartment
Covered area124 m²
Beds3
Bath2
Rooms4
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Environment

Amplio apartamento en La Zenia – Bennecke

Key ready apartment in a private complex in La Zenia, Orihuela Costa. The apartment has south orientation and consists of 3 bedrooms and 2 bathrooms (one of which en-suite). Also the property has an american style kitchen, large dining-living room with access to the private terrace of 2 m2 with communal views. The property is built with high quality materials and finishings. The complex has green areas, kids area, communal pool and outside parking. Is steps away from all the amenities and Zenia Boulevard C.C.
This residential is located near the La Zenia Boulevard Shopping Center (Orihuela Costa) .La Zenia is close to Cabo Roig, Campoamor and Playa Flamenca. It is a growing area, close to all amenities and the famous shopping center La Zenia Boulevard. A few minutes from the N -332 and the Mediterranean Highway AP-7 towards Alicante and Cartagena. There are also around the golf courses of Villamartin, Las Ramblas, Campoamor and Las Colinas.

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
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