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3 bed apartment for sale in Adeje, Spain, 237 m²

ID: 173042
Price€500,000
TypeApartment
Covered area237 m²
Beds3
Bath2
Rooms4
Qualify for Residence Permit
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Penthouse - Callao Salvaje - Sueño Azul

Environment
Callao Salvaje is located in the town of Adeje, in the southwest of the island, amid 8 acres of exotic park. Its enviable position makes you to enjoy stunning views of the Atlantic Ocean, to the neighboring islands and the cliffs of Los Gigantes as well as the gardens. The location is ideal. In just 6 km away is the prestigious Abama Golf, the Costa Adeje resort; 16km and the Reina Sofia Airport; 28 km. The area has one of the better climate on the island.
Building
Penthouse duplex with 3 double bedrooms and 2 bathrooms in Los Cristianos. Open plan kitchen, 2 terraces with views of the ocean, La Gomera island, the Teide mountain and the pool. Second floor without a lift. Completely reformed. Communal pool. Easy parking facilities.
Plot
Total area 237 m2
Extras
The complex has 1 swimming pool.

Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Interest Rate
863 per month
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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
  • Spain, AdejeSpain, Adeje
    Flat €169,000
    • Covered area: 53 m²
    • 3 rooms, 1 bath
  • Spain, AdejeSpain, Adeje
    Flat €590,000
    • Covered area: 172 m²
    • 4 rooms, 2 bath
  • Spain, AdejeSpain, Adeje
    Townhouse €299,000
    • Covered area: 130 m²
    • 4 rooms, 2 bath
Jane
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