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2 bed flat for sale in Valencia, Spain, 102 m²

2 bed flat for sale in Valencia, Spain, 102 m² - photo 1
2 bed flat for sale in Valencia, Spain, 102 m² - photo 2
Price€225,000
TypeFlat
Covered area102 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Hevia

Hevia is located on Avenida Maestro Rodrigo, 41 in the area of ​​Campanar (Valencia), which has recently been actively developing. The area boasts some of the most significant green areas in the capital of Turia, such as the Cabecera Park, La Canaleta or the area located in the old Turia Riverbed.
The area stands out for its vibrant life and business atmosphere. Nearby you can find many restaurants, shops and supermarkets. In addition, popular educational centers, such as the Las Escuelas San José School, and medical centers such as the El Hospital 9 de Octubre or La Fe Hospital are also located in the immediate vicinity of the houses.

Also, you can enjoy a large number of big shopping centers, such as the Nuevo Centro shopping center, a 15-minute walk from the complex. The shopping center offers one of the most popular clothing stores Corte Inglés in Spain, as well as other clothing and accessories stores from major Spanish and international brands. Having done shopping, you can have a rest enjoying a cup of coffee in well-known chain restaurants in the shopping center.

It is also worth highlighting access to the main roads. Due to its proximity to the major road arteries, you can get to the Plaza del Ayuntamiento in just half an hour, which is located in the very center of the city. There are also multiple bus stops near the buildings, and it takes just 10 minutes to reach Campanar Metro Station.

Hevia project is a new residential complex that stands out for its infrastructure. The complex has a concierge, a pool, a gym, a bicycle storage room and a public room for all residents to share. In total, the 115 of various types apartments represent the highly anticipated project of Hevia.
All the apartments are designed with great care and attention to detail. The apartments with a terrace have the doors covered with special protecting varnish. Floors in the bathrooms and in the kitchens are made of porcelain stoneware, and the rest of the rooms go with laminate flooring.
The kitchens have spacious wall and floor cabinets (without handles), a Silestone worktop or similar, household appliances of famous brands (a ceramic hob, an oven, a microwave oven and an extractor hood).

Hot water supply is provided by using solar collectors and gas heaters. All the apartments are heated with air conditioning system and central heating. The main bathroom has a shower, and the second one has a bathtub. All bathrooms have thermostatic taps.

The prices include VAT, garage, and store room.

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

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