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2 bed apartment for sale in Torrevieja, Spain, 68 m²

2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 1
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 2
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2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 4
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 5
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 6
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 7
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 8
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 9
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 10
2 bed apartment for sale in Torrevieja, Spain, 68 m² - photo 11
Price€234,000
TypeApartment
Covered area68 m²
Beds2
Bath2
Rooms3
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Environment

Apartamento en Los Balcones – Bennecke

Located in the urbanization Los Balcones Torrevieja apartment on first floor of recent construction. The accommodation has 2 bedrooms, 2 bathrooms, a luminous dining room, open kitchen, terrace and solarium of 62m 2 overlooking the Torrevieja lagoon. It has swimming pool for adults and children, garden areas. It also has parking space underground and storeroom.
The balconies is a few minutes drive from the Centre of Torrevieja. Residential area where to enjoy the Mediterranean climate and the Blue Flag beaches of Orihuela Costa and Torrevieja and La Mata, Playa Flamenca, La Zenia, Cabo Roig, Cala Capitan and Campoamor. Nearby malls Habanera and La Zenia Boulevard, where you will find many shops and restaurants. You can also enjoy a large concentration of golf courses in the surrounding area such as Villamartin, Las Ramblas, Campoamor and Las Colinas, as well as sea ports and sports centres. Via the AP-7 motorway or the N332, we can easily reach any point 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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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

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