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3 bed flat for sale in Valencia, Spain, 120 m² - photo 1
3 bed flat for sale in Valencia, Spain, 120 m² - photo 2
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3 bed flat for sale in Valencia, Spain, 120 m² - photo 7
3 bed flat for sale in Valencia, Spain, 120 m² - photo 8
3 bed flat for sale in Valencia, Spain, 120 m² - photo 9
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3 bed flat for sale in Valencia, Spain, 120 m² - photo 12
3 bed flat for sale in Valencia, Spain, 120 m² - photo 13
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3 bed flat for sale in Valencia, Spain, 120 m²

ID: 275171
Price€280,000
TypeFlat
Covered area120 m²
Beds3
Bath2
Rooms4
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Environment

Apartment in Valencia, Benimaclet

Apartment completely renovated and furnished. Outside. There are 3 bedrooms and 2 bathrooms. 120 square meters. A large terrace. The place is very well communicated. Near Viveros Park, the center of Valencia. Direct tram to the beach. Ideal both for living or investing.

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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