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1 bed apartment for sale in Orihuela Costa, Spain, 56 m²

1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 1
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 2
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 3
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 4
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 5
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 6
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 7
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 8
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 9
1 bed apartment for sale in Orihuela Costa, Spain, 56 m² - photo 10
Price€94,000
TypeApartment
Covered area56 m²
Beds1
Bath1
Rooms2
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Environment

Description

A new build development located in a quiet, residential and safe area with all amenities close by. In the immediate surroundings you will find 4 beautiful Championship Golf courses, one of the largest modern shopping malls, Zenia Boulevard, beautiful white sandy beaches hence the name Costa Blanca, supermarkets, bars and many restaurants to choose from.This is a luxury residence; all the apartments and houses are spacious and comfortable. The residence has a private parking garage and is equipped with lifts. A communal swimming pool with Jacuzzi area will be built for the residents and their guests. There will also be a children's playground and various green areas, communal area with petanque area.

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
162 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
Company Representatives
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+34 (931) 720-189
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