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2 bed apartment for sale in Torrevieja, Spain, 94 m²

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Price€185,900
TypeApartment
Covered area94 m²
Beds2
Bath2
Rooms3
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Environment

Precioso apartamento en La Recoleta – Bennecke

Beautiful apartment located in La Recoleta, Punta Prima. The property consists of 2 bedrooms and 2 bathrooms. Also the apartment has a large dining-living room, american kitchen, large terrace of 15 m2 and storage room. The residencial has green areas and communal pools.
Punta Prima is a walk from sea, where you can enjoy water sports, entertainment and beaches. It is close to all amenities of Zenia Boulevard shopping centre and sports centres. Distance walk to Cala Piteras, beach of Punta Prima Playa Flamenca and the rest of beaches blue flag of Orihuela Costa and Torrevieja. really close to residencial of dew of the sea. A few minutes from the fields of Golf Las Colinas, Las Ramblas and Campoamor, Villamartin. Good communication with the N-332 and the AP-7 Mediterranean motorway.

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
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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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