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4 bed apartment for sale in Adeje, Spain, 860 m²

ID: 173116
Price€950,000
TypeApartment
Covered area860 m²
Beds4
Bath3
Rooms5
Qualify for Residence Permit
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4 Bed Villa - Callao Salvaje

Building
Fantastic four bedroom villa situated in a quite are of Callao Salvaje which is soon to have its own beach and located within ten minutes of the three superb golf courses.The property was built in 2003 by the current owners and has an official build of 240 sq. m. on a total plot of 620 sq.m. All materials and furnishings are of top quality. It comprises four good sized bedrooms, three bathrooms of which two are ensuite. There is a large fully fitted kitchen with all the modern appliances, a large lounge/dining room with an all round sound system. There is access to the extensive terraces from the lounge, which also leads into the spacious conservatory which is the ideal place for al fresco dining or to just relax on the terrace and watch the sun setting over La Gomera. The conservatory leads to the outside lounge and barbeque area.Outside there is a shower and toilet block which services the separate heated swimming pool. The pool is secured and safe and also has a fully fitted bar for entertaining and own enjoyment.On the lower floor you have an office which can easily be converted into a self contained studio and a very large garage and storage area which could house up to five vehicles.The property comes with a sophisticated video alarm system, high security locks, electric security shutters and all rooms are fully air conditioned, some with heaters built in.It is a very private property, with superb sea views and needs to be viewed to be fully appreciated.

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
Amina
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