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2 bed apartment for sale in Adeje, Spain, 120 m² - photo 1
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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 - photo 10
2 bed apartment for sale in Adeje, Spain, 120 m² - photo 11

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

ID: 243253
Price€338,000
TypeApartment
Covered area120 m²
Beds2
Bath2
Rooms3
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2 bedroom Apartment for sale in Valle del Sol, El Madronal

2 bedroom 2 bathroom apartment located in a popular residential area with sea and mountain views.  This property includes a separate kitchen, lounge, 2 terraces, 2 car closed garage and a storeroom.

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

Mortgage Calculator

Property Price
Indicate down payment
Years
Interest Rate
1 518 per month

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

Дополнительные услуги

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

Return on Investment

Property Price
Rental Cost
0%
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JaneReal estate sales manager in Adeje
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