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2 bed apartment for sale in Torrevieja, Spain, 85 m²

2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 1
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 2
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 3
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 4
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 5
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 6
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 7
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 8
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 9
2 bed apartment for sale in Torrevieja, Spain, 85 m² - photo 10
Price€129,600
TypeApartment
Covered area85 m²
Beds2
Bath1
Rooms3
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Environment

Description

Apartment 300 meters from Los Locos beach, in Torrevieja, Alicante province.It has two bedrooms, bathroom, kitchen, lounge, two terraces. The property is furnished.

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
224 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
0%
Paula
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