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3 bed villa for sale in Torrevieja, Spain, 144 m²

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Price€370,000
TypeVilla
Covered area144 m²
Land area401 m²
Beds3
Bath2
Rooms4
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Environment

Chalet en Torreta Florida, Torrevieja – Bennecke

Fantastic villa in urbanization Torreta Florida, Torrevieja. Luxury house with 3 bedrooms and 2 bathrooms located on the ground floor. It also has a private pool, artificial grass garden and solarium of 60 m2. The villa has a plot of 400 m2 of which 145 m2 are built. The property is made with high quality materials and luxury finishes.
La Torreta Florida is close to the beaches of Torrevieja and La Mata, as well as those of Orihuela Costa, shopping centers such as Habaneras and Zenia Boulevard. Ideal to live all year or as a second residence. A few minutes walk we can reach the center of Torrevieja where we find all kinds of leisure and sports activities.

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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