2 bedroom Apartment for sale

2 bedroom Apartment for sale

Benidorm, Alicante
230,000
 
1 / 0

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Ref: AG19MLSC2679611
Property marketed by Spain Property Shop S.L
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Charming Investment Property: 2 Renovated Apartments Near the Beach i. Ideal investment opportunity in Benidorm!This 90&8239;m² property, located on the 2nd floor of a building on Avenida Jaime I, is divided into two fully independent and recently renovated 1-bedroom apartments. Each unit features a modern open-plan kitchen, air conditioning, one bedroom, one bathroom, and a cozy living area.Just a 5-minute walk from the beach, this location is perfect for holiday rentals and is currently generating high returns with year-round occupancy. One of the apartments faces the staircase and patio, and comes fully equipped and ready for continued use as a vacation rental. Don’t miss out on this turnkey income-generating opportunity in one of Costa Blanca’s most desirable locations.

Property Features

  • 2 bedrooms
  • 2 bathrooms
  • 90m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,000€
Final Payment of 90% on completion
207,000€
 
Property Purchase Expenses
Property price
230,000€
Transfer tax 8%
18,400€
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:
230,000€
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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