New Build Villas for Sale La Marina San Fulgencio

New Build Villas for Sale La Marina San Fulgencio

Costs of buying and maintaining a second home in Spain

Having a second home is a goal that many families are raised. And summer can be a good time to choose that dream home.

In fact, according to a survey by the European Central Bank (ECB), the Spanish are the Europeans most houses have.

But as with any purchase must face a series of fixed and variable costs. And it is not gold that glitters, real estate investment is characterized by illiquidity and more in times of crisis.

It is common to get a mortgage to buy property.

For starters, buying a second home, either on the beach or mountain, is a major outlay or resort to a mortgage loan. In the latter case, the amount that financial institutions tend to finance around 60% of the appraised value. Obviously, a beach house also has cheaper and now prices after the crisis, which in some areas have fallen almost 50% from highs.

This indicates that to buy and maintain a second residence must be from a comfortable economic situation because the acquisition a series of overhead meet. In return, either purchased, at a low point in the housing cycle can provide significant gains in the future or get some return for rent during the time that is not used. In addition to that many people buy thinking about retirement.

Taxes Cart

If the home is second hand, is subject to Transfer Tax (ITP) ranging between 6 and 10%, depending on each autonomous community. If new leads VAT is 10%. This is coupled, notary, registration, agency, etc.

So far the process is similar to buying a primary residence, but with the difference that much of the year is free, although its maintenance is needed.

According to the OCU, maintain a second home on the Spanish coast costs an average of nearly 1,800 per year and community fees become one of the most important chapters.

Fixed costs

  • Community neighbors if the property is in a suburb
  • Minimum light or water ... (although it is not used), plus consumption
  • Property Tax (IBI)
  • garbage collection tax if any
  • House insurance
  • Other disbursements
  • Mortgage. If that has financed the purchase
  • You spill if needed
  • Costs pool, lifeguard, gardener, if urbanization had it
  • Declaring personal income tax

    The second residence is taxed on the income statement. It is in the section allocation of property income. To declare income equivalent to 2% of the cadastral value of the property (1.1% if the rateable value was revised after January 1, 1994). The percentage allocation in income tax on secondary property whose assessed value has not been revised in 10 years has risen from 1.1% to 2%. Obviously this is always declares that it is not rented and for personal use.

    With all this and once the sum of all expenses, the economic situation of each family and their interests will mark the guidelines to buy a second home or not.


    New build villas for sale in La Marina San Fulgencio

    Do you want to live in the Mediterranean and feel like in your country of origin? In our new construction villas for sale in La Marina San Fulgencio you will feel comfortable from the first moment due to the harmony that all the rooms of your new home exude and the multicultural atmosphere of the La Marina urbanization. In this destination in the interior of the Costa Blanca South, there are inhabitants from many European countries (Holland, United Kingdom, France, Belgium, Norway...) who have decided to move here to rest during their retirement and enjoy the sun and a lifestyle healthy and relaxed . Their traditions and customs have been established in La Marina through international events and festivals. In addition, you will soon be able to make new friends and surround yourself with people from the same country of origin. Other unbeatable attractions offered by living in this charming place are:

    • Play golf at the nearby club "La Marquesa"
    • Alicante International Airport with cheap daily flights 20 minutes away
    • International restaurants of different types of gastronomy
    • Proximity to Blue Flag beaches of Guardamar del Segura
    • Service network: sports facilities, private clinics, supermarkets, etc.
    • Mediterranean climate: with sun 320 days a year.

    In our New Build Villas for Sale La Marina San Fulgencio you will live a unique experience every day

    Our New Build Villas for Sale La Marina San Fulgencio will make you enjoy a unique experience at all times due to their wide spaces and great comfort areas. Its 6x3 pools are perfect for swimming and cooling off both in summer and winter, its barbecue areas are ideal for parties with friends, and its large gardens allow your children or pets to play freely.

    Our newly built properties impress with their modern aesthetic designs and at the same time elegant . Its white facades with straight lines with Mediterranean touches bring a lot of harmony and beauty to the home. In addition, its interior rooms are practical and functional, since they have large common areas and areas where you can enjoy intimacy and privacy. For your comfort, you will be pleased to know that our luxury villas have air conditioning, electric shutters, high-end appliances and fully equipped bathrooms.

    Still not sure which new build villas for sale in La Marina San Fulgencio to choose? SMART PROPERTIES helps you

    Contact our SMART PROPERTIES agency to help you choose the most suitable new build villas for sale in La Marina San Fulgencio for you and your family. One of our multilingual and specialized agents in the La Marina Urbanization will offer you a personalized service in your language to refine your search and find your dream home. Fill in the contact form , send an email to sales@smartinmo.com or visit one of our offices. We are looking forward to meeting you!

    Amsterdam Street Office:

      • Telephone: +34 966 790 787
      • Mobile: +34 622 001 605
      • Address: Calle Amsterdam 1, 03177 San Fulgencio (Alicante, Spain)

    Pisuerga Park Office

    • Telephone: +34 966 919 928
    • Mobile+34 688 265 406
    • Address: Parque Pisuerga, 56 - 03177 San Fulgencio (Alicante - Spain)

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