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2 bed apartment for sale in Torrevieja, Spain, 106 m²

2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 1
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 2
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 3
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 4
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 5
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 6
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 7
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 8
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 9
2 bed apartment for sale in Torrevieja, Spain, 106 m² - photo 10
Price€189,900
TypeApartment
Covered area106 m²
Beds2
Bath2
Rooms3
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Environment

Apartamento con terraza amplia en La Entrada, Punta Prima – Bennecke

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.
La Entrada is a complex with mediterranean style apartment. The residencial consists of large green areas, community pools, underground parking and storage room. Also the complex has 24h private security and is 300m2 to the beach of Cala Piteras and Punta Prima.
Spacious apartment located in a privilege area of Punta Prima, Torrevieja. The property consist of spacious terrace of 25m2 with open views and east facing. Inside the property we will find a spacious dining-living room, independent kitchen, 2 bedrooms and 2 bathrooms (one of which en-suite). The apartment is in excellent condition and includes furniture. The property has underground parking place and storage room.

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
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