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3 bed a house for sale in Orihuela Costa, Spain, 91 m²

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 3

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 4

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 5

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 6

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 7

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 8

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 9

3 bed a house for sale in Orihuela Costa, Spain, 91 m² - photo 10

Price	€230,000
Type	a House
Covered area	91 m²
Land area	30 m²
Beds	3
Bath	2
Rooms	4
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Environment

Description

New residential complex is composed of bungalows of 2 and 3 bedrooms, 2 bathrooms, garage and sea views, with access to communal pool, garden and play area. The top floor houses have a solarium, the ground floor houses have their own garden.This complex is located in a privileged area, only 2 km from La Zenia beach and close to all services (supermarkets, banks, pharmacies, transport services, etc.).La Zenia Boulevard shopping center is 1 km away. You can enjoy 3 excellent golf courses with 18 holes of golf: Villamartin Golf, Las Ramblas Golf and Campoamor Golf, all within 2 km of the complex.

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

€397 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

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Spain, Orihuela Costa
a House €230,000
- Covered area: 91 m²
- 4 rooms, 2 bath

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