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2 bed apartment for sale in Torrevieja, Spain - photo 1
2 bed apartment for sale in Torrevieja, Spain - photo 2
2 bed apartment for sale in Torrevieja, Spain - photo 3
2 bed apartment for sale in Torrevieja, Spain - photo 4
2 bed apartment for sale in Torrevieja, Spain - photo 5
2 bed apartment for sale in Torrevieja, Spain - photo 6
2 bed apartment for sale in Torrevieja, Spain - photo 7
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2 bed apartment for sale in Torrevieja, Spain

ID: 244346
Price€169,000
TypeApartment
Beds2
Bath1
Rooms3
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Sale Apartment - Torrevieja - Spain

Nice apartment with sea views for sale located on the fourth floor in the residential Recoleta, Señorío de Punta Prima, Torrevieja. Facing to the east and very bright property. The apartament in La Recoleta has 2 bedrooms, 1 bathroom, living room, fully equipped american kitchen and a sunny terrace overlooking the Bay of Orihuela Costa. It also includes storage and underground parking place. The residential of La Recoleta has communal gardens and 2 pools.La Recoleta is a complex infront of the sea, located close to all amenities as Zenia Boulevard and Habaneras Shopping Centre, private schools and sports centers. Walking distance to Cala Piteras, Cala ferrís, Cala de la Mosca, Punta Prima beach, Orihuela Costa and Torrevieja blue flag beaches. Borders with the urbanization Rocío del Mar. A few minutes from the golf courses Las Colinas, Campoamor, Las Ramblas and Villamartin. Good communication with the Mediterranean motorway AP- 7 and N -332.

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%
Amina
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