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property in SpainCosta Blanca areaTorrevieja cityapartmentApartment № 334045
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2 bed apartment for sale in Torrevieja, Spain, 116 m²

2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 1
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 2
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 3
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 4
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 5
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 6
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 7
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 8
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 9
2 bed apartment for sale in Torrevieja, Spain, 116 m² - photo 10
Price€165,000
TypeApartment
Covered area116 m²
Beds2
Bath1
Rooms3
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Environment

Apartamento en Panorama Park, Punta Prima – Bennecke

BEFORE: 169.000€ | NOW: 165.000€
The complex of Señorío of Punta Prima has beautiful communal gardens and swimming pool. Short walk from Cala Piteras, Punta Prima beach and beaches of Orihuela Costa and Torrevieja.Punta Prima is an urbanization infront of the sea, located close to all amenities and Zenia Boulevard Shoping Centre and sports centers. Borders with the urbanization Rocío del Mar. A few minutes from the golf courses Las Colinas, Campoamor, Las Ramblas and Villamartin. Good communication with the Mediterranean motorway AP- 7 and N -332.
Rustic style apartment located in Panorama Park, complex of Punta Prima, Torrevieja. The property has 2 large bedrooms with built in wardrobes, one bathroom, living room with access to the terrace and fully equipped kitchen. Sunny south facing terrace of 23sqm. The property is furnished , has AACC, own parking place and communal storage.

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
€285 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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