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2 bed villa for sale in Torrevieja, Spain, 67 m²

2 bed villa for sale in Torrevieja, Spain, 67 m² - photo 1
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2 bed villa for sale in Torrevieja, Spain, 67 m² - photo 8
2 bed villa for sale in Torrevieja, Spain, 67 m² - photo 9
2 bed villa for sale in Torrevieja, Spain, 67 m² - photo 10
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2 bed villa for sale in Torrevieja, Spain, 67 m² - photo 13
2 bed villa for sale in Torrevieja, Spain, 67 m² - photo 14
2 bed villa for sale in Torrevieja, Spain, 67 m² - photo 15
Price€157,000
TypeVilla
Covered area67 m²
Beds2
Rooms3
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Environment

Description

Consists of bungalows with two or three bedrooms, downstairs a private courtyard a top - featuring a private sun deck with two or three bathrooms, as well as townhouses with three bedrooms and three bathrooms. Prices from 157.000 220.000 bungalows and townhouses. The completion of the first phase November 2018

Fully gated complex with pool, Jacuzzi and green area. Ideal for permanent living and for recreation.

Prestigious area of "Aguas Nuevas" with developed infrastructure, to the beach La Mataоколо 4 km away.

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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%
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