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2 bed apartment for sale in Torrevieja, Spain, 53 m²

2 bed apartment for sale in Torrevieja, Spain, 53 m² - photo 1
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2 bed apartment for sale in Torrevieja, Spain, 53 m² - photo 5
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2 bed apartment for sale in Torrevieja, Spain, 53 m² - photo 7
2 bed apartment for sale in Torrevieja, Spain, 53 m² - photo 8
2 bed apartment for sale in Torrevieja, Spain, 53 m² - photo 9
2 bed apartment for sale in Torrevieja, Spain, 53 m² - photo 10
2 bed apartment for sale in Torrevieja, Spain, 53 m² - photo 11
Price€114,900
TypeApartment
Covered area53 m²
Beds2
Bath1
Rooms3
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Environment

Apartamento en Torrevieja – Bennecke

Brand new apartment on first floor, located in Playa del Cura, Torrevieja. The House has 53m 2 with a cosy dining room with exit to the balcony, kitchen, 2 bedrooms with 1 bathroom and terrace. The residential has garden areas and swimming pool. Housing a few meters from the sea and with a wide range of beaches to its around.
The area Playa del Cura is located in Torrevieja, in the heart of the city, very close to La Zenia Boulevard and Habaneras shopping malls. A few meters from the beach of blue sea, La Veleta and Cala Ferris, a short distance also find the beaches of Punta Prima, La Zenia, Playa Flamenca and Cabo Roig Orihuela Costa and the beaches of La Mata and Torrevieja. The N-332 road towards Alicante and Cartagena communicates easily with the Mediterranean AP-7 motorway, as well as the fields of Golf Las Ramblas, Campoamor, Las Colinas and Villamartin.

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
198 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%
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