5 bedroom Apartment for sale

5 bedroom Apartment for sale

San Miguel de Salinas, Alicante
339,999
 
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Ref: AG19MLSC4433230
Property marketed by Spain Property Shop S.L
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Fantastic Investment Opportunity!A rare and exciting opportunity to acquire a fully licensed apartment building in the very heart of San Miguel de Salinas, a well-established and sought-after area for its strong, year-round rental demand.The building comprises three apartments and a basement space with excellent potential to be converted into an additional apartment. There’s a spacious one-bedroom apartment featuring a large 79m² private terrace, along with two bright, well-appointed two-bedroom apartments, each with their own generous 79m² terraces. With a full rental license already in place and an established presence on key booking platforms, this is a prime opportunity in a thriving location. Situated within walking distance to shops, restaurants, and all essential amenities, it’s ideal for investors looking to expand their portfolio, launch a boutique holiday rental business, or secure a long-term asset in a desirable Spanish town with proven rental demand.This versatile property presents multiple income streams and flexible usage options, whether for long-term rentals, holiday lets, or future resale. It is currently listed and actively generating bookings through popular online rental portals, offering immediate returns for the savvy investor.

Property Features

  • 5 bedrooms
  • 3 bathrooms
  • 284m² Build size
  • Aircondition, Split system
  • Parking, Uncovered

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,000€
Final Payment of 90% on completion
305,999€
 
Property Purchase Expenses
Property price
339,999€
Transfer tax 8%
27,200€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:
339,999€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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