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2 bed apartment for sale in Torrevieja, Spain, 113 m²

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Price€339,000
TypeApartment
Covered area113 m²
Beds2
Bath2
Rooms3
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Environment

Description

Stunning fourth floor apartment with sea views. The property is located in the well known residential Sea Senses of Punta Prima, Torrevieja. It has 2 bedrooms, 2 bathrooms, american kitchen, utility room, large living room and 2 terraces of 31m2 and 7m2. It has large common areas with paddle and tennis court, children’s area, jacuzzi and 3 swimming pools, one of them heated.
Punta Prima is a development by the sea, where you can enjoy water sports, entertainment and beaches. It is close to all amenities like Zenia Boulevard shopping centre and sports centers. Walking distance to Cala Piteras, Playa of Punta Prima and Playa Flamenca and other blue flag beaches of Orihuela Costa and Torrevieja. Few minutes from the golf courses Las Colinas, Campoamor, Las Ramblas and Villamartin. Good communication with the Mediterranean motorway AP-7 and N-332

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
585 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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