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3 bed villa for sale in Adeje, Spain, 360 m²

ID: 173246
Price€960,000
TypeVilla
Covered area360 m²
Beds3
Bath2
Rooms4
Qualify for Residence Permit
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3 Bed Villa - Callao Salvaje

Environment
This nice villa located in Callao Salvaje, just 5 minutes drive from Costa Adeje. Callao Salvaje has supermarkets, shops, banks, pharmacy and a great variety of restaurants and bars. There is also a new beach with sun beds and umbrellas.
Building
Very beautiful villa of 400m2, divided into 2 floors. 1 st floor - entrance, garden, parking for 4 cars, flat with 160m2, 3 bedrooms, 2 baths, living room and dining room, kitchen and large terrace of 40m2 with sea views. Ground floor 200m2 without construction. Private pool, not heated, BBQ, pool-bar, swimming pool, toilet. It comes fully furnished to high standards, including garden furniture.Situated in a quiet cul-de-sac used by a few other villas and only 5 minutes’ walk from local supermarkets and restaurants this villa is fantastic offer in a bourgeois town of Callao Salvaje.

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
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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
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    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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