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6 bed villa for sale in Adeje, Spain, 4059 m²

ID: 173252
Price€5,665,000
TypeVilla
Covered area4059 m²
Beds6
Bath6
Rooms7
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6 Bed Villa with 3.500m2 land - Costa Adeje

Environment
El Duque is het mooiste deel van het zuiden van Tenerife, met luxe vier en vijf sterren hotels in de omgeving en luxe winkelcentra zoals Plaza del Duque. Prachtige witte zandstrand van Playa del Duque ligt op slechts 10 minuten loopafstand. Luchthaven Reina Sofia ligt op slechts 20 minuten.
Building
Marvelous Villa built in the year 1988 with a lot size of 3.500m2 and situated in a exclusive area in the south of Tenerife.MAIN HOUSE GROUND FLOOR: On 402.78m2 it has 3 bedrooms, 1 guest room, 1 living room, 1 office, 1 laundry, bodega, 1 main kitchen and one kitchen apart, three complete bathrooms and 1 toilet, 1 wardrobe and a living/dining room with fireplace. Outdoor are a patio with 132.84m2 and a terrace with 122.91m2 who is facing the pool and the beautiful well maintained tropic garden. *MAIN HOUSE FIRST FLOOR:*On 100.75m2 it has the main bedroom with bathroom and dressing room and views to the mountains and the private pool. It has a terrace of 4.56m2 with pool views.*OTHER BUILDINGS:*On 29.29m2 is a bathroom, a sauna and the engine room for the pool.On 26.47m2 is the GYM and on 26.47m2 the pool bar.The property has an area of fruit trees and a large garden with over 70 palm trees and is situated in a very quiet and exclusive area on the Costa Adeje. The beach of "Playa del Duque" is only about 1.4 km away (5 min drive / 13 min walk).

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
  • 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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