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2 bed flat for sale in Valencia, Spain, 80 m² - photo 1
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2 bed flat for sale in Valencia, Spain, 80 m² - photo 8
2 bed flat for sale in Valencia, Spain, 80 m² - photo 9
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2 bed flat for sale in Valencia, Spain, 80 m²

ID: 274982
Price€154,500
TypeFlat
Covered area80 m²
Beds2
Bath1
Rooms3
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Environment

Apartment in Valencia

Cozy and comfortable apartment on the Avenida del Port, a few minutes away from the beach, the city of Sciences and universities. Third floor, with a lift. The apartment is distributed in 2 bedrooms, living room, kitchen and bathroom. The overall condition of the property is very good with renovated windows, doors and floor.

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
267 per month
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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%
Helga
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