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2 bed a house for sale in Torrevieja, Spain, 69 m²

2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 1
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 2
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 3
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 4
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 5
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 6
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 7
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 8
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 9
2 bed a house for sale in Torrevieja, Spain, 69 m² - photo 10
Price€155,000
Typea House
Covered area69 m²
Beds2
Bath2
Rooms3
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Environment

Description

A perfect development located in the cosmopolitan area of Aguas Nuevas, ideal for whether you are contemplating a property for holiday use or even something a little more permanent here on the Costa Blanca.The complex consists of 2 bedroom, 2 bathroom bungalows, where the top floor has a huge solarium of 60m2 complete with BBQ, sink and shower, whilst the ground floor models have their own garden area, all of this set within it´s own private community, offering a swimming pool, lovely communal green areas and off road parking.The location of this devlopement is ideal to utilise all of the nearby facilities such as the commercial centres, bars and restaurants, the local transport facilities whilst benefiting from being close to the local beaches.

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%
Jane
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