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Ref: kf944330
Property marketed by Spanish Best Homes 2010, s.l.

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Discover a unique opportunity for investors in La Ãora! This house, with a guaranteed gross return of 6%, features two renovated and completely independent apartments, perfect for generating income from day one. Located next to the UCAM (University of the Autonomous University of Madrid), this property is in a highly sought-after area, ensuring its appreciation in value in the future. The house is spread over two floors. On the ground floor, you'll find two cozy bedrooms and an interior patio ideal for enjoying the outdoors. On the first floor, there are three spacious bedrooms and a private terrace with unobstructed views. All rooms are equipped with individual air conditioning, ensuring comfort year-round. The comprehensive renovation has left the house in impeccable condition, ready to be rented without the need for any additional investment. Currently, both apartments are rented as permanent residences, generating a total monthly income of â¬1,600, with stable and responsible tenants. With 140 m² of built area, 5 bedrooms, 2 bathrooms, and built-in wardrobes, this property is an excellent option for both living and investment. Don't miss this opportunity!
Property Features
- 5 bedrooms
- 2 bathrooms
- 140m² Build size
- Distance from Golf, 25 min driving
- Distance from the Beach, 40 min driving
- Garage
- NO Garden
- Distance from Services, walking distance to Town Center
- NO Pool
- Terrace
- Distance from the Airport, 25 min to Murcia Airport and 55 minutes to Alicante International Airport
- Basement
- Air Conditioner Installed
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 10%
32,000€
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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.