2 bedroom Villa for sale

2 bedroom Villa for sale

Benitachell, Alicante
690,000
 
  • 2 bedroom Villa for sale
1 / 1

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Ref: BG-96884
Property marketed by Vivacosta Vivacosta
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"Interesting for investors" Bare property for sale in Cumbre del Sol

This luxurious villa is located in the quiet Cumbre del Sol urbanisation and offers unique 380° views stretching from the coast over the Peñon de Ifach, inland with the impressive Sierra de Bernia and Sierra de Aitana to the Montgó. The villa is spread over one floor of 140 m2. One floor below is currently a multi-purpose room of 132 m2 that could be converted into a two-bedroom flat with a private terrace. Another floor below is a space of 54 m2 that can be converted into a garage, gym, etc. An automatic gate gives access to the driveway leading to a carport. You enter an entrance hall with built-in wardrobes, to the right is the living-dining room with a spacious modern open kitchen with a cooking island. Immense windows ensure that you can wholeheartedly enjoy the breathtaking views. On the other side of the villa is a double bedroom, a bathroom and an office space that can be used as a second bedroom. All rooms have beautiful sea views. In addition, there is underfloor heating and air conditioning. Solar panels have also been installed for hot water. The property is sold as bare ownership and is very interesting for investors thanks to the possibility of extending the villa 2 more floors. The current owner is 81 years old and will be entitled to use the property until the end of his days. There is also the possibility of purchasing the villa for €890,000 and receiving a monthly rent of €2000 from the usufructuary.

Would you like more information? Then don't hesitate to contact us!

Property Features

  • 2 bedrooms
  • 1 bathroom
  • 296m² Build size
  • 1,395m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
66,000€
Final Payment of 90% on completion
621,000€
 
Property Purchase Expenses
Property price
690,000€
Transfer tax 8%
55,200€
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:
690,000€
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* 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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