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5 bed villa for sale in Polop, Spain, 300 m²

5 bed villa for sale in Polop, Spain, 300 m² - photo 1
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5 bed villa for sale in Polop, Spain, 300 m² - photo 11
5 bed villa for sale in Polop, Spain, 300 m² - photo 12
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Price€335,000
TypeVilla
Covered area300 m²
Beds5
Bath3
Rooms6
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Description

Located on the slopes of Monte Ponoig, with spectacular views of the sea and the beautiful village of Polop. It is in a quiet area surrounded by nature, just 10 minutes from the beaches of Altea and Benidorm. The main floor comprises: spacious living room with open kitchen, three bedrooms with fitted wardrobes, two bathrooms, veranda of 20 m2 and a spacious terrace.
The lower floor consists of two bedrooms, bathroom, large hall, storage room and large garage for two cars with Laundry.

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%
Company Representatives
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in Spain
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+34 (931) 720-189
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