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4 bed flat for sale in Valencia, Spain, 153 m²

4 bed flat for sale in Valencia, Spain, 153 m² - photo 1
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4 bed flat for sale in Valencia, Spain, 153 m² - photo 3
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4 bed flat for sale in Valencia, Spain, 153 m² - photo 13
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Price€445,000
TypeFlat
Covered area153 m²
Beds4
Bath2
Rooms5
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Apartment in Valencia

Large apartment in Valencia. 10 m2 terrace, 4 very spacious bedrooms with double beds, 2 bathrooms, kitchen equipped. The apartment is bright, oriented to the North-East. Details: Central air conditioning with cold and heat pump, сentral heating radiators, parquet, PVC windows / climate, built-in wardrobes, armored door and video intercom. Double garage of 20 m2 and a storage room of 10 m2 are included in the price. The complex has 2 swimming pools, a children's playground, a spacious park area and a 24-hour concierge service. Great area, close to many shops, hospital and green areas. Not furnished. 3rd floor. Elevator. Energy efficiency certificate: G

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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