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1 bed apartment for sale in Adeje, Spain, 56 m²

ID: 275235
Price€205,000
TypeApartment
Covered area56 m²
Land area27 m²
Beds1
Bath1
Rooms2
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Environment

1 bedroom Apartment for sale in Ocean Park, San Eugenio Bajo

Situated in this extremely popular complex is this fully furnished 1 bedroomed apartment with pool views. The complex is well situated for easy access to the sea front walkway. All amenitiers are close at hand.

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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Interest Rate
354 per month
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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
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