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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
3 bed apartment for sale in Orihuela Costa, Spain - photo 3
3 bed apartment for sale in Orihuela Costa, Spain - photo 4
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3 bed apartment for sale in Orihuela Costa, Spain - photo 8

3 bed apartment for sale in Orihuela Costa, Spain

ID: 244247
Price€203,000
TypeApartment
Beds3
Bath2
Rooms4
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Sale Apartment - Orihuela-Costa - Spain

Beautiful dúplex, in Villamartín, Orihuela Costa. The dúplex has 3 bedrooms, 2 bathrooms, kitchen, living room, terrace, solarium and barbecue. The lounge is very sunny thanks to its crystal terraces from where you can enjoy beautiful views. The property has parking space included in the price, both open and abroad. The complex is gated with high-rise housing overlooking the sea and the golf course Villamartin. Further south orientation ensures the pleasure of having a sunny house all year. To cool during the warmer months there is a communal pool for children and adults.Villamartin is situated in the Orihuela Costa area, is close to coastal areas such as La Zenia, Cabo Roig, Playa Flamenca. Easily connects to the Mediterranean motorway AP-7. It is ideal for warm Mediterranean climate and immense commercial services.

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
350 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%
Jane
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