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4 bed villa for sale in Adeje, Spain, 540 m² - photo 1
4 bed villa for sale in Adeje, Spain, 540 m² - photo 2
4 bed villa for sale in Adeje, Spain, 540 m² - photo 3
4 bed villa for sale in Adeje, Spain, 540 m² - photo 4
4 bed villa for sale in Adeje, Spain, 540 m² - photo 5
4 bed villa for sale in Adeje, Spain, 540 m² - photo 6
4 bed villa for sale in Adeje, Spain, 540 m² - photo 7
4 bed villa for sale in Adeje, Spain, 540 m² - photo 8
4 bed villa for sale in Adeje, Spain, 540 m² - photo 9
4 bed villa for sale in Adeje, Spain, 540 m² - photo 10

4 bed villa for sale in Adeje, Spain, 540 m²

ID: 173264
Price€799,000
TypeVilla
Covered area540 m²
Beds4
Bath4
Rooms5
Qualify for Residence Permit
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4 Bed Villa - El Madroñal - Costa Adeje

Environment
The property is located in the residential area of ​​El Madroñal, Costa Adeje in southern Tenerife. The area has all the facilities; schools, supermarkets, shopping centers and cafes. Easy access to the highway and a few minutes fr om the tourist center of the south of the islands and its beautiful beaches.
Building
Wonderful villa with four bedrooms in the quiet residential area of El Madroñal. This villa was built only 3 years ago, with materials of the highest quality and beautiful finishings. The villa has 4 bedrooms with fitted built-in wardrobes of quality wood, 3 complete bathrooms en suite and one toilet, the master bedroom has a large dressing room and a separate cloakroom, Italian kitchen, laundry room, open american style lounge, beautiful garden, private heated pool with safety fence, that can be closed to avoid accidents with children. Waterfilters for drinking water and a water softening machine, airconditioning, electric fans, electric security shutters, alarm, anti-mosquito sliding doors, sprinkler system in the garden, fully furnished, garage for 5 cars and a courtyard wh ere 4 cars can park. All services, restaurants, the commercial center Gran Sur, schools, shopping centers, everything is nearby. 60 m2 of terraces with views to the sea and the mountains.

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
Amina
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