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3 bed villa for sale in Adeje, Spain, 262 m² - photo 1
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3 bed villa for sale in Adeje, Spain, 262 m²

ID: 173173
Price€670,000
TypeVilla
Covered area262 m²
Beds3
Bath3
Rooms4
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3 Bed Villas - Caldera del Rey

Environment
Magnificent luxury property located in a privileged area of ​​Costa Adeje above Siam Park, with panoramic sea views, Playa de Las Americas, Los Cristianos and the neighbouring islands. 19 Km from Reina Sofia Airport and just minutes to all local amenities and beaches.The Caldera del Rey residential complex is of recent construction and consists of several villas and apartments all constructed with materials of the highest quality.
Building
Features three bedrooms all with fitted wardrobes, two bathrooms, kitchen. Swimming pool, garden and private parking with automatic gate and a private garage.

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
Helga
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