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2 bed flat for sale in El Duque, Adeje, Spain, 88 m²

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Price€370,000
TypeFlat
Covered area88 m²
Beds2
Bath2
Rooms3
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Environment

2 Bedroom Penthouse - Bahia del Duque - Benimar

Exclusive sale of duplex penthouse in the prestigious Benimar complex in Costa Adeje. A unique opportunity to acquire a home in this highly sought-after complex, without doubt the property being one of the best in the whole complex due to its corner location as well as its large privative solarium terrace. The apartment has two double bedrooms and two full bathrooms, one en suite. Both rooms have large windows overlooking the sea. Large living room with incredible views, fully equipped American kitchen. From the same room is accessed through a spiral staircase to the large terrace / solarium of 74 m2. On the terrace there is a covered room of 10 m2. The house is sold with a huge garage of 48 m2 and two storage rooms. Unique opportunity to live in the most popular and exclusive area of ​​Tenerife. With all the services in the vicinity. 600 meters from Playa del Duque and Playa de Fañabe. The house has 88 m2 and 178 m2 built. Monthly community fee of € 115 and € 595 of annual Ibi.

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
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Paula
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