Rates and utilities
#1
Just Joined
Thread Starter
Joined: Feb 2021
Posts: 8
Rates and utilities
Hi
We thinking about moving to Villalonga, but unsure of the Rates, utilities etc.
Is it expensive?
We are coming from an expensive area and want to cut back and down size our property
Hope someone can help
We thinking about moving to Villalonga, but unsure of the Rates, utilities etc.
Is it expensive?
We are coming from an expensive area and want to cut back and down size our property
Hope someone can help
#2
Re: Rates and utilities
Property prices and cost of living in Villalonga will be significantly cheaper than more expensive areas e.g. Denia.
Have you considered the cost of buying and selling? It might take many years for you to recover this.
If you contact the Ayuntamiento they will give you info on property taxes. 962 805 004 www.villalonga.es
If you have a specific property in mind, the EA should be able to confirm.
Have you considered the cost of buying and selling? It might take many years for you to recover this.
If you contact the Ayuntamiento they will give you info on property taxes. 962 805 004 www.villalonga.es
If you have a specific property in mind, the EA should be able to confirm.
Last edited by missile; Feb 20th 2021 at 1:55 am.
#3
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,143
Re: Rates and utilities
Missile makes a good point regarding buying/selling costs that will be thousands of Euros and I agree if you do the sums I am also sure it will take years to show a profit. But of course, it's up to you.
#4
Just Joined
Thread Starter
Joined: Feb 2021
Posts: 8
Re: Rates and utilities
We are not selling just yet but have seen lovely properties in villalonga. Something to think about .
Thanks for the advice
Thanks for the advice
#5
Re: Rates and utilities
When I last sold, the EA asked for copies of property tax and utility bills. I expect all good EA ask for these(?) Ask nice and they might share the info with you.
#6
Re: Rates and utilities
As a non resident you may be liable for Capital Gains Tax and 3% withholding tax on the proceeds of your sale.