My Communities :. La Torre Golf Resort community :. La Torre Golf Resort forum :.

completion phase 8

	New - Old :: Old - New
Pages: 1 \|	La Torre Golf Resort forum threads

The Comments
26 Nov 2006 12:00 AM by didi . 1 forum posts Send private message I had call from PW last week that phase 8 will be ready in april 07. I am moving into apartment and would like some idea of monthly out goings, if any I would be grateful. frank 0 Like Spam post or Abuse? Please let us know
27 Nov 2006 5:24 PM by ColatLT . 118 forum posts Send private message In my own planning I have allowed the following as a ‘rough estimate’ of ANNUAL RUNNING COSTS (in Euros) for my own particular circumstances for an APARTMENT property with a value of 200,000 euros. Spanish Taxes Local Property Tax (IBI) (0.3% of 200,000) 600 Deemed Income Tax (25% of (2% of 200,000) 1000 Property Wealth Tax (200,000 * 0.2%) 400 Tax Accountant Filing 150 2150 Property Costs - minimum Basic Keyholding / Management of Property 200 Communal Charges 1400 Utilities Standing Charges 150 Building & Contents Insurance 100 1850 ......TOTAL MINIMUM 4000 euros........ Property Costs - additional Golf Fees - as used Utility charges - as used Internet Charges - as used Outgoing Telephone - as used Rental - Public Liability Insurance Rental - Property Management/Advertising Rental - Cleaning/Laundering Rental - Income Tax (25%) (Villa’s or Townhouses may have additional costs (e.g. gardening or pool services etc)) Note: Obviously everyone’s costs (especially taxation) could differ depending on circumstances (e.g Resident/Non-Resident etc). I do not claim that it is extensive and covers everything, but hopefully I have included most of the main costs which will be incurred. I have used ‘reasonable’ estimates where no true figures are available. I am not an accountant or a taxation specialist. Information from Internet or books. 0 Like Spam post or Abuse? Please let us know

The Comments

26 Nov 2006 12:00 AM by didi Star rating

. 1 forum posts Send private message

I had call from PW last week that phase 8 will be ready in april 07. I am moving into apartment and would like some idea of monthly out goings, if any I would be grateful.

frank

0 Like

Spam post or Abuse? Please let us know

27 Nov 2006 5:24 PM by ColatLT Star rating

. 118 forum posts Send private message

In my own planning I have allowed the following as a ‘rough estimate’ of ANNUAL RUNNING COSTS (in Euros) for my own particular circumstances for an APARTMENT property with a value of 200,000 euros.

Spanish Taxes
Local Property Tax (IBI) (0.3% of 200,000) 600
Deemed Income Tax (25% of (2% of 200,000) 1000
Property Wealth Tax (200,000 * 0.2%) 400
Tax Accountant Filing 150
2150

Property Costs - minimum
Basic Keyholding / Management of Property 200
Communal Charges 1400
Utilities Standing Charges 150
Building & Contents Insurance 100
1850

......TOTAL MINIMUM 4000 euros........

Property Costs - additional

Golf Fees - as used

Utility charges - as used
Internet Charges - as used
Outgoing Telephone - as used

Rental - Public Liability Insurance
Rental - Property Management/Advertising
Rental - Cleaning/Laundering
Rental - Income Tax (25%)

(Villa’s or Townhouses may have additional costs (e.g. gardening or pool services etc))

Note: Obviously everyone’s costs (especially taxation) could differ depending on circumstances (e.g Resident/Non-Resident etc). I do not claim that it is extensive and covers everything, but hopefully I have included most of the main costs which will be incurred. I have used ‘reasonable’ estimates where no true figures are available.
I am not an accountant or a taxation specialist. Information from Internet or books.

0 Like

Spam post or Abuse? Please let us know

Pages: 1 |

Latest blog posts
Christmas "Quiz" 2024 – The Answers
The Nativity and its special guest...
What a terrible weekend I’ve just had!
"Puchero de Nadal" - Valencian Stew for Christmas
Doubling Down
Where are all the Brits going?

Latest EOS articles
An Introduction to the world of olive oil
Record Breaking Year in Tenerife
Massive 24% increase in Spanish property sales in May
2016 forecasts see prices rise 3.8% and sales up by 10%
Demand forecast to expand by 12% in 2016
Spanish Property Market Update: March 2016

Previous Threads

El Estribo - Sabinillas , CDS - 9 posts

OPEL ZAFIRA 2.0 DTI FOR SALE - 1 posts

whats open ? - 7 posts

Mortgage advice for a 36yr old, never had one before man,,,and a bit of other ..... - 0 posts

Interior designers tenerife - 0 posts

Mar Menor Chitty Chat - 12 posts

Printer & Scanner 4sale - 1 posts

Banks - 2 posts

Electricity Voltage - 0 posts

Happy New Year to You All - 11 posts

Tax Releif from Investment Deposit and Mortgage. - 0 posts

2 posts were found:

1 |