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2 bed apartment for sale in Orihuela Costa, Spain, 80 m²

2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 1
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 2
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 3
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 4
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 5
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 6
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 7
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 8
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 9
2 bed apartment for sale in Orihuela Costa, Spain, 80 m² - photo 10
Price€159,000
TypeApartment
Covered area80 m²
Beds2
Bath2
Rooms3
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Description

The residential complex consists of communal pools, beautiful gardens, 2 blocks of apartments consisting of 2 or 3 bedrooms, 2 bathrooms and balcony with sea views.All apartments have a kitchen equipped with upper and lower furniture, ceramic hob, oven and extractor fan.It also has a Laundry room and pre-installation of air-conditioning.The Residencial Garda, located in Nice-the Resort is located 700 metres from the sea.Nearby are shopping centers, banks, sports centers, Golf courses, kindergartens, primary and secondary schools.The location of Mil Palmeras is ideal, as it is surrounded by 15 km of coastline, with beaches of fine soft sand and crystal clear waters of the Mediterranean sea.For Golf lovers there is a wide choice of Golf courses within a 10-minute drive from this property, which combined with the fantastic climate makes this residential area an ideal place for enjoying all the amenities in the area of Mil-Resort. ,

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
274 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%
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