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2 bed apartment for sale in Adeje, Spain, 120 m² - photo 1
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 2
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 3
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 4
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 5
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 6
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 7
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 8
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 9

2 bed apartment for sale in Adeje, Spain, 120 m²

ID: 173146
Price€650,000
TypeApartment
Covered area120 m²
Beds2
Bath2
Rooms3
Qualify for Residence Permit
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2 Bed Apartment - El Duque - Baobab

Environment
The prestigious Baobab resort is located in the heart of Costa Adeje, one of the most luxurious places in the municipality of Adeje. Surrounded by exclusive five-star hotels, international boutiques and cozy restaurants.
Building
The high position of the apartment features natural light at any time of the day. The apartment has two bedrooms, two bathrooms, a spacious living room, open kitchen and a large terrace with fantastic views.
Plot
The architecture has a modern, minimalist style and offers spectacular views from every point of the complex. The complex has a 24-hour reception, two swimming pools and a restaurant.
Extras
If you wish, the resort management will take care of renting your property and offers an extra profit on your investment. Private 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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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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