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3 bed villa for sale in Torrevieja, Spain, 134 m²

3 bed villa for sale in Torrevieja, Spain, 134 m² - photo 1
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Price€360,000
TypeVilla
Covered area134 m²
Beds3
Bath3
Market infoNew homes
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Environment

Villa Amalia Premium

14 unique Villas of 3 and 4 bedrooms, private swimming pool and garden sits on a plot of up to 270 m2 . All this in one of the best locations at Costa Blanca: Villa Amalia.

Live in the future with advanced built-in technologies. Smart home ready. Minimalistic architectural designs. Open concept living room and kitchen. Related in and out spaces through the Patio. Contemporary bathroom features. Modern kitchen cabinets.

Villa Amalia is our new urban development, just 300 meters from the sea. We are going to develop a high standard neighbourhood for you.

Villa Amalia has an excellent location next to Torrevieja town center, beside supermarkets and restaurants and close by the General Hospital. Shopping centers and a wide selection of blue flagged beaches can be found in the surroundings. It’s also in a short trip to all the golf courses of the area and only 40 minutes driving from Alicante Airport. The perfect location for your enjoyment.

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
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