2 bedroom Apartment for sale

2 bedroom Apartment for sale

Playa Flamenca, Alicante
145,000
 
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
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Ref: MLSC285742
Property marketed by The Property Group
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Interesting investment property with reliable tenants and immediate return

Are you looking for an interesting investment on the Costa Blanca where you receive rental income from day one? Then this spacious single-story bungalow is certainly worth discovering

The property is currently rented out long-term to reliable tenants who always pay correctly and on time The owner prefers that the tenants be able to remain in the property after the sale and continue their lease agreement This makes it an ideal opportunity for investors looking for a property that generates immediate income, without having to search for tenants themselves first

The bungalow has recently undergone a makeover and combines typical Spanish charm with a modern touch The result is a warm and homely home in a quiet location, yet close to all daily amenities

Shops, restaurants, and other amenities are located a short distance away, and the well-known open-air shopping center La Zenia Boulevard is also easily accessible

The property features:

2 bedrooms 1 bathroom Fully furnished Spacious basement, currently furnished as a separate guest bedroom Air conditioning Shared swimming pool South-facing location Storage space

Moreover, the basement offers various possibilities and can be further furnished as desired as extra living space, a hobby room, a man cave, or even a cozy home cinema

An interesting investment opportunity in a good location, with reliable tenants and rental income from the moment of purchase

Would you like more information about the property or the current rental situation? Please feel free to contact us We would be happy to tell you more about this investment opportunity

Property Features

  • 2 bedrooms
  • 1 bathroom
  • 52m² Build size
  • Near town
  • Basement
  • Electricity
  • Furnished
  • Garden
  • Laundry room
  • Renovated
  • Storage

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
 
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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:
145,000€
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Interest Rate:
%
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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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