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3 bed apartment for sale in Adeje, Spain, 142 m²

ID: 173048
Price€1,300,000
TypeApartment
Covered area142 m²
Beds3
Bath3
Rooms4
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3 bed. Altamira

Environment
Fantastic apartment in the prestigious area of Playa del Duque. Very close to luxury shopping centers and on the first line of the famous Playa Del Duque, directly on the promenade.It is a quiet beautiful complex with well maintained garden and swimming pool area.
Building
The apartment is located on the 2nd floor and has frontal panoramic sea views, the promenade and the mountains. It consists out of a big living room with dining area, an open kitchen, 3 bedroom, 3 bathroom and a very big L-shaped terrace. Every bedroom has fitted wardrobe, bathroom and exit to the terrace. It is the only apartment that has a direct access to the enclosed garage. It will be sold furnished.
Plot
Surface is 90 m2 + 60 m2 terras for apartment 1 and 52 m2 + 8 m2 for apartment 2 and a garage of 11,5 m2 ( the 2 apartments are merged into 1 big apartment)
Extras
Frontline, beautiful gardens and swimming pool. The enclosed garage has a direct access to the apartment. A very good investment!

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
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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
Paula
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