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5 bed apartment for sale in Adeje, Spain, 195 m²

ID: 173091
Price€602,000
TypeApartment
Covered area195 m²
Beds5
Bath2
Rooms6
Qualify for Residence Permit
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5 Bed Apartment - Adeje - Marazul

Environment
Beautifull Resort above the sea whose residence 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
Wonderful 195m2 corner apartment with 4 bedrooms +1 Gym, in the complex "Marazul" near Callao Salvaje. The apartment is in a block of only 2 floors and has 3 bedrooms + 1 bedroom with own terrace and walk-in closet + 1 as gym room, 2 bathrooms, 15m2 kitchen with dining area, lounge with terrace and private heated pool. Parking with 15m2 included. The community has 2 swimming pools, tropical gardens, 3 tennis courts and a reception in the main building. Community fees are €1,000/quarter. The resort is situated on the sea front and close to the "Abama" Hotel with 18 hole golf course and near Callao Salvaje and Playa San Juan with shops, restaurants, bars and beaches.

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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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
Helga
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