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2 bed a house for sale in Orihuela Costa, Spain, 64 m²

2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 1
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 2
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 3
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 4
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 5
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 6
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 7
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 8
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 9
2 bed a house for sale in Orihuela Costa, Spain, 64 m² - photo 10
Price€151,000
Typea House
Covered area64 m²
Beds2
Bath2
Rooms3
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Environment

Description

Residential complex consisting of 12 modern bungalows built in a minimalist style. High quality finishes. The complex has a community pool.Bungalows located on the ground floor have their own garden, parking in front of the house, terrace, 2 bedrooms and 2 bathrooms.Bungalows located on the top floor also have 2 bedrooms and 2 bathrooms, the master bedroom with a private terrace. Parking on the plot. Solarium with sea views.There are fitted kitchen, electric shutters, armored door, pre-installation of air conditioning, etc.The residential complex is located in a beautiful location, close to the first class golf courses: Campoamor, Villamartin and Las Ramblas. In 5 minutes walk are: bank, pharmacy, restaurants, shopping center. The beach is a 10-minute drive away.

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%
Helga
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