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3 bed a house for sale in Torrevieja, Spain, 91 m²

3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 1
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 2
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 3
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 4
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 5
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 6
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 7
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 8
3 bed a house for sale in Torrevieja, Spain, 91 m² - photo 9
Price€250,000
Typea House
Covered area91 m²
Land area66 m²
Beds3
Bath2
Rooms4
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Environment

Description

New project located in the partial plan of “la Coronelita", Los Balcones, next to the Hotel Doña Montse.It is a residential complex consisting of 67 properties, with 2 and 3 bedrooms, the ground floors with garden and the top floors with solarium. Community pool, large green areas and marvelous views to the lagoon of Torrevieja.

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