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2 bed apartment for sale in Santa Pola, Spain, 70 m²

2 bed apartment for sale in Santa Pola, Spain, 70 m² - photo 1
2 bed apartment for sale in Santa Pola, Spain, 70 m² - photo 2
2 bed apartment for sale in Santa Pola, Spain, 70 m² - photo 3
Covered area70 m²
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Apartment with 2 bedrooms in Santa Pola

Apartment with spectacular terrace overlooking the Mediterranean Sea in a private residential complex with communal pool and underground parking close to the beach"Arenales del Sol".
Apartment with 2 bedrooms and 2 bathrooms (the master bedroom with en suite bathroom and dressing) and spacious open plan living/dining room with fully equipped kitchen and access to the terrace. Includes garage.
The complex, surrounded by nature, is close to the excellent beaches and all the amenities.
Less than 10 minutes to the airport, linked by highway and less than 15 minutes from Alicante and Elche.

Extra Сosts when Buying Property

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%
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
305 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
Offices in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
Office in UK
Office in Russia
+7 (495) 240-81-87
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