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3 bed a house for sale in Polop, Spain, 150 m²

3 bed a house for sale in Polop, Spain, 150 m² - photo 1
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Price€155,000
Typea House
Covered area150 m²
Beds3
Bath2
Rooms4
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Description

New two or three bedroom Bungalow on ground floor with private garden or on the second with its Solarium style minimalism. Large lounge, kitchen, two bathrooms, terrace, garden or Solarium with views of the sea and mountains.
Are gated urbanisation of don Benito, with a large community area with heated pool and sauna.

In the construction and decoration used modern materials of the highest quality. All bungalows have a heated floor in bathrooms, pre-installation of Central air conditioning, automatic blinds, alarm system, shower with hydro massage column in the bathroom and Parking.
Urbanisation is minutes away from Benidorm town centre and the beach less than 10 minutes by car. In 2 minutes there are supermarkets, pharmacies, bars, restaurants, banks, hospital. Very close there are two English schools. Also nearby are tematicheskie parks Terra Natura, Terra Mitica and a water Park.
The cost of a two bedroom Bungalow 155.000 euros (77 m2 plus garden or Solarium 70 m2), three bedroom 189.000 euros (92 m2 plus a garden of 219 m2).
 
 

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

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