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3 bed villa for sale in Adeje, Spain, 680 m²

ID: 173306
Price€950,000
TypeVilla
Covered area680 m²
Beds3
Bath2
Rooms4
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3 Bed Villa - Mirador del Duque

Environment
This lovely residence is located in the area of “El Duque”, which is one of the most beautiful residential areas located in the south of Tenerife. Exclusive four and five star hotels surround the area, as do exclusive shopping centres including the “Plaza del Duque” and its stunning beach “Playa del Duque”, with lovely restaurants and bars within close proximity. The Reina Sofia southern airport is only twenty minutes away and the exclusive Adeje Golf course and La Caleta fishing village are also within a very short distance.
Building
Luxury villa in El Mirador with 3 bedrooms, 2 bathrooms, terrace, balcony, private pool, furnished, and decorated with a lot of taste, modern and very well taken care of, splendid views.
Extras
The property is to be sold furnished.

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
    Apartment €240,000
    • Covered area: 90 m²
    • 4 rooms, 2 bath
  • Spain, AdejeSpain, Adeje
    Flat €169,000
    • Covered area: 53 m²
    • 3 rooms, 1 bath
  • Spain, AdejeSpain, Adeje
    Flat €545,000
    • Covered area: 172 m²
    • 4 rooms, 2 bath
Helga
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