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1 bed apartment for sale in Adeje, Spain, 41 m² - photo 1
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 2
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 3
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 4
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 5
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 6
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 7
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 8
1 bed apartment for sale in Adeje, Spain, 41 m² - photo 9

1 bed apartment for sale in Adeje, Spain, 41 m²

ID: 275229
Price€292,069
TypeApartment
Covered area41 m²
Land area7.7 m²
Beds1
Bath1
Rooms2
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Environment

1 bedroom Apartment for sale in Villamar, San Eugenio Bajo

Luxury 1 bedroom, 1 bathroom apartment situated in the front-line, exclusive residence of Villamar.  The location of this property is prime position, right on the sea front in the centre of the San Eugenio area of Playa de Las Americas, only a very short walk to Playa Troya, the casino and a very wide choice of bars, restaurants, shops etc.  The complex has parking exclusively for its residents, a comfortable reception area, gardens 2 x swimming pools, (heated in the winter months), and a large sunbathing terrace with views out over the ocean and over to Playa de Las Americas.  The apartment itself has been refurbished and enjoys uninterrupted views to the sea and sun on the terrace all day long.  It has an interior of 41m2 and a terrace of 7.70m2.  It is to be sold fully inclusive of furnishings and fittings.

 

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%
Paula
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