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3 bed flat for sale in Pilar de la Horadada, Spain, 95 m²

Price€517,500
TypeFlat
Covered area95 m²
Beds3
Bath2
Market infoNew homes
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Environment

Penthouse in Bioko II

The Bioko II development is located in the Mil Palmeras urbanization, on first line of the beach.

This location is 5 minutes from the Zenia Boulevard shopping center, 10 minutes from Villamartín and Las Ramblas golf courses and a few meters from the sea. An excellent area where you can enjoy a multitude of services.

This luxury complex consists of 3 blocks of 6 floors with apartments of 2 and 3 bedrooms with 2 bathrooms, installation of air conditioning in all rooms, private terraces and private parking with the option of storage space.

In addition, Bioko II has a community pool combined with garden areas, a children's area and a gym for residents.

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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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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+34 (931) 720-189
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