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2 bed apartment for sale in Torrevieja, Spain, 61 m²

2 bed apartment for sale in Torrevieja, Spain, 61 m² - photo 1
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2 bed apartment for sale in Torrevieja, Spain, 61 m² - photo 5
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2 bed apartment for sale in Torrevieja, Spain, 61 m² - photo 8
2 bed apartment for sale in Torrevieja, Spain, 61 m² - photo 9
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2 bed apartment for sale in Torrevieja, Spain, 61 m² - photo 14
2 bed apartment for sale in Torrevieja, Spain, 61 m² - photo 15
Price€69,900
TypeApartment
Covered area61 m²
Beds2
Rooms3
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Environment

Description

The apartment consists of a living room, 2 bedrooms, bathroom, kitchen in American style, bathroom and terrace overlooking the Park.

The apartment is sold fully with furniture and appliances.

House built in 2000, gated with Elevator and swimming pool.

To the sea 500 meters.

The beach is 1 km away.

Shopping complex "Habaneras" 500 meters.

All necessary services within walking distance.

Request more information, price 69 900 Euro.

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
121 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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