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4 bed villa for sale in Torrevieja, Spain, 285 m²

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Price€880,000
TypeVilla
Covered area285 m²
Land area1099 m²
Beds4
Bath4
Rooms5
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Environment

Villa en Los Balcones – Bennecke

Villa in Los Balcones with 4 spacious bedrooms with fitted wardrobes and 4 fully equipped bathrooms. The house consists of an independent kitchen with a large living-dining room. In addition to having a large garden area, it also has a large private pool and parking space.
Los Balcones is a few minutes drive from the center of Torrevieja. Residential area where you can enjoy the Mediterranean climate and the blue flag beaches of Orihuela Costa and Torrevieja such as La Mata, Playa Flamenca, La Zenia, Cabo Roig, Cala Capitan and Campoamor. It is close to the Habaneras and La Zenia Boulevard shopping centers, where you will find many shops and restaurants. You can also enjoy a large concentration of golf courses in the surroundings such as Villamartin, Las Ramblas, Campoamor and Las Colinas, as well as maritime ports and sports centers. Through the N332 or the AP-7 motorway, we can easily reach any point of 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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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
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