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5 bed villa for sale in Adeje, Spain

ID: 173282
Price€1,350,000
TypeVilla
Beds5
Bath5
Rooms6
Qualify for Residence Permit
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5 Bed Villa - Torviscas Alto - Roque del Conde

Environment
Roque del Conde can be distinguished by its excellent location on top of the hills, from here you enjoy the fresh mountain air and a fantastic view over the Atlantic ocean and the island of La Gomera. To the popular beaches of Costa Adeje it is just 10-15 minutes by car, the shopping centre Gran Sur can be reached in 5 minutes. The shopping centre offers various restaurants with terraces, hairdressers, a bank, a cinema and a big supermarket.
Building
Fantastic brand new 5 bedroom - bathroom villa in the area of ​​Roque del Conde. Enjoy the amazing views of the entire southern coast of Tenerife.
Plot
1060m2 plot 450m2 Built 380m2 Living

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
2 330 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
Amina
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