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3 bed a house for sale in Torrevieja, Spain, 98 m²

3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 1
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 2
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 3
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 4
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 5
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 6
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 7
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 8
3 bed a house for sale in Torrevieja, Spain, 98 m² - photo 9
Price€249,000
Typea House
Covered area98 m²
Beds3
Bath2
Rooms4
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Environment

Description

A development of three-bedroom bungalows in Torrevieja.Built to the highest standard and incorporating the latest modern and contemporary designs, these properties allow the maximum amount of natural light in to their spacious rooms.Located in one of the prime locations of Torrevieja, this development is close to one of the best beaches of Playa Acequión, as well as the fantastic commercial facilities offered by this cosmopolitan coastal town.Ideal for enjoying suburban life here on the Costa Blanca.

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
430 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%
Helga
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
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+44-20-3936-4067
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+7 (495) 240-81-87
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