alcoy apartments

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Alcoy city centre - Alcoy apartments

Details for alcoy apartments

Country: Spain properties, Region: Costa Blanca

Location: Alcoy (Location Map)
Type: Apartments, Beds: 1,2
Status: Off-plan
Progress: Just released
Mortgages available: 70% approx
Deposit from: £17,466 (25,500€)
Price from: (Including VAT)
85,000€
£66,389
$116,892
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Full description

Beautifully located development of just 14 spacious 1 and 2 bedroom apartments and penthouses. The development will benefit from a rooftop terrace and a storeroom for each apartment. Centrally located in the historical city of alcoy, famous for hosting one of spain's greatest annual festivals. Just 30 minutes from alicante, benidorm and the beach.

With scores of daily flights from the UK, Alicante’s International Airport is the starting point for our pleasant journey to the ALCOY APARTMENTS. The modern A7 motorway takes us south-west, passing the town of Elche on to the A36 towards Alcoy. The Journey from the airport has taken us around 45 minutes.

Alcoy is a small city, you can find many services and facilities such as bus and train station, police office, university, hospital, hotels, hostels, cinemas, etc. we can also enjoy the advantages of a small city, like safety, clean environment, and low life cost.

The city is in the heart of the Font Roja natural park, and we are little more than 30 minutes away from Alicante’s beaches. With a temperate climate, we can enjoy many sunny days even during the winter.

Each year Alcoy hosts the fiesta of the Moors and Christians which commemorates the battle of Alcoy in 1275 when St George helped defeat the Moorish forces. This is one of Spain's greatest festivals, taking place from 21st to 24th of April, accommodation during the festival is very difficult to find.

The preparations for this important 4 day festival are evident all year round, as the locals work together planning, preparing costumes and fund raising.

During the festival 28 armies re-enact battle. Fireworks, noise, colour and fun are abound as the Christian and Moorish armies march around the streets accompanied by a big band of horns and drums playing medieval martial music. The city is decorated with the St Georges red cross flag from every balcony. There are men, women and children wearing theatrical leather and metal amour, carrying swords and spears. People are mostly dressed as warriors but there are also farmers, gunsmiths and dancers .

The ALCOY APARTMENTS are located close to the town hall and central to the activities of the annual fiesta. The development will consist of only 14 apartments and the style of construction will be in line with the city centres traditional architecture. Completion of the development is expected in approximately 18 months. At such excellent prices, they are sure to sell out fast.

Development Features

  • Top quality construction throughout
  • Lift to all floors
  • Communal roof terrace
  • Central location
  • Storeroom included in the price
  • Close to all amenities

Properties Specifications

FOUNDATIONS AND STRUCTURE:
All buildings with reinforced concrete.
Supporting pillars constructed with reinforced concrete.
Thermal and acoustic insulation.

FLOORING AND TILING:
High quality ceramic floor tiles throughout.
Floor-to-ceiling wall tiles in kitchens and bathrooms.

ROOFING:
Flat for communal use.

EXTERIOR:
Rustic coloured cement finish.

INTERIOR CARPENTRY:
Interior doors will be in pine.
Multi lock security type front doors.

ELECTRICAL:
Full installation to current regulations.

INTERIOR:
White “Artex” paint on interior walls and smooth finish on ceilings.
Plastered ceilings in bathrooms and kitchen both finished in washable plastic paint.

PLUMBING AND SANITARY WARE:
Sanitary fittings will be ”ROCA” brand or similar model.
Single mixer style taps.
Copper piping throughout.
All drains made of PVC and covered in an acoustic insulation material.

WINDOWS AND DOORS:
Windows will be white UPVC aluminium.
White aluminium roll-up blinds.

VARIOUS:
Communal rooftop terrace.
Storeroom for each apartment included in the price.

Example Payment: 1 BED APARTMENT - 85.000 Euros (£58,219 @ 1.46 €/£)

To reserve your apartment you will need to Pay a HOLDING DEPOSIT of 3.005 € (approx £2,058). Plus a Handling Charge of 730€ (approx £500).
2 weeks later you will need to pay the following:

Agency fees
Balance of deposit 30% approx
Remaining balance by low interest mortgage 70% approx
4.640 € (approx £3,178)
22.495 € (approx £15,407)
59.500 € (approx £40,753)

REPAYMENTS approx £235 per month (No Mortgage repayments necessary until the Title Deeds are signed and you take possession of your apartment).

All prices are in euros, the sterling equivalent is a guide only and the exchange rate used has been based on the last year’s history.

The Mortgage

An mortgage will be available - subject to status. Proof of income will be required. e.g. A P60 if you are employed or last year’s Tax Return for self-employed persons.

Extra to purchase price

You will need to budget for an extra 12% to 15% in addition to the purchase price to cover Spanish VAT at 7%, Notarial, Property Registration fees and bank charges for arranging the mortgage. There is no charge for legal services as provided by recommended lawyers. Legal services are included in the agency fees.

Legalities

We will offer all clients the services of our panel of bilingual lawyers in Spain who will assist with the completion of the purchase. Services available will include translation of the final purchase contract and accepting Power of Attorney from clients who do not wish to be present in Morocco on completion. The lawyers are specialists in conveyancing of overseas property. Please note that there is no charge for legal services as provided by recommended lawyers. All legal fees are included in the Agency Fees.

Contact Details

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Additional Information

The above technical description has been composed by the developer and the architect with the maximum care. Nevertheless there might be small changes to materials which should not affect the quality of the building. The developer reserves the right to change materials when not available or due to legal regulations. The appearance of the suites, must at all times be maintained in a good state of repair and consistent with the specified standards of the hotel.

This document has no contractual value. Prices are subject to exchange rate fluctuations and prices may be increased without notice.

Due to currency (exchange rate) changes prices might differ slightly. The EURO (€) prices is the correct price for this development and other currencies should be seen as an indication only. Every effort is taken in providing accurate and up to date prices on a daily basis.

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