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4 bed villa for sale in Adeje, Spain, 1500 m² - photo 1
4 bed villa for sale in Adeje, Spain, 1500 m² - photo 2
4 bed villa for sale in Adeje, Spain, 1500 m² - photo 3
4 bed villa for sale in Adeje, Spain, 1500 m² - photo 4
4 bed villa for sale in Adeje, Spain, 1500 m² - photo 5
4 bed villa for sale in Adeje, Spain, 1500 m² - photo 6
4 bed villa for sale in Adeje, Spain, 1500 m² - photo 7
4 bed villa for sale in Adeje, Spain, 1500 m² - photo 8

4 bed villa for sale in Adeje, Spain, 1500 m²

ID: 173286
Price€1,025,000
TypeVilla
Covered area1500 m²
Beds4
Bath3
Rooms5
Qualify for Residence Permit
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4 Bed House - Playa Paraíso

Environment
Playa Paraiso is situated on the South coast of Tenerife, Canary Islands, about 8km north of Playa de la Americas and 25 km to the airport Reina Sofía. This cozy little village has got small sheltered bays and each bay has a beach. It offers bars and restaurants.
Building
Splendid house with lovely walled, leafy garden, terraces and private swimming pool in Playa Paraíso. Offering vast living-room, lounge, large open-plan kitchen well equipped, 4 bedrooms, 3 bathrooms, 1 study and walk-in wardrobe. Upstairs an apartment with large terrace, kitchen, small living room. Really spacious and superbly appointed. Very pleasant house. 2 garages with room for 7 cars. Total area 1200 m2, living area 240 m2 ground floor y 60m2 upstairs

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
Jane
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