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5 bed villa for sale in Orihuela, Spain, 196 m²

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Price€625,000
TypeVilla
Covered area196 m²
Land area921 m²
Beds5
Bath3
Rooms6
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Environment

Villa en Cabo Roig – Bennecke

Wonderful Villa in Cabo Roig, Orihuela Costa only 200 meters from the beach. The house is distributed over 2 floors. On the main floor it has lounge, kitchen, 2 bedrooms, 1 bathroom, garden and private pool. On the first floor it has 3 bedrooms, 2 bathrooms and a balcony leading out from the main bedroom. All within a plot of 921m2 .Cabo Roig is one of the best areas, is characterized by residential area of independent villas with walking distance to the beaches of Levante. Near Cabo Roig, Campoamor and Playa Flamenca, close to all amenities and the famous shopping center, La Zenia Boulevard. A few minutes from the N-332 and the Mediterranean motorway AP-7 towards Alicante and Cartagena. Also 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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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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