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3 bed apartment for sale in Torrevieja, Spain, 154 m²

3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 1
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 2
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 3
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 4
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 5
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 6
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 7
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 8
3 bed apartment for sale in Torrevieja, Spain, 154 m² - photo 9
Price€535,000
TypeApartment
Covered area154 m²
Beds3
Bath2
Rooms4
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Environment

Description

The building is located on the first line, in the new promenade of Torrevieja.This exclusive project consists of 20 apartments, four per floor, 3 and 4 bedrooms, up to 180 m2 built and panoramic views of each house. Basement for 20 parking spaces and storage rooms.The minimalist design of the building and the first quality materials carefully selected make this building a reference on the coast of the Costa Blanca.

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
in Russia
Moscow
+7 (495) 240-81-87
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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