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

ID: 244159
Price€259,000
TypeApartment
Beds3
Bath2
Rooms4
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Sale Apartment - Orihuela-Costa - Spain

Apartment located in the Residential Golf Las Ramblas, Orihuela Costa on first floor. It has 3 bedrooms, 2 bathrooms, large lounge, kitchen and terrace. The apartment has pre-installation of air conditioning, fitted wardrobes, and electric shutters. It also includes underground parking, swimming pool and solarium. With stunning views of the Golf Las Ramblas.

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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