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3 bed villa for sale in Adeje, Spain, 888 m²

ID: 173321
Price€870,000
TypeVilla
Covered area888 m²
Beds3
Bath3
Rooms4
Qualify for Residence Permit
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Villa El Madroñal

Environment
Luxury detached villa in El Madroñal area located in a very exclusive area, near many local amenities such as the Gran Sur which has several shops, cinema, restaurants and bars and the well-known supermarket Mercadona. The closest beach is situated only a 10 min drive away, 15km away fr om Tenerife South Airport. The centre of Las Americas, wh ere the biggest bars and discotheques are located is only 10 minutes away by car.
Building
Amazing Villa in Madronal. The property is sold fully furnished and comprises 3 spacious bedrooms with fitted wardrobes and 3 bathrooms. Private terrace with stunning sea views. This Villa enjoys of a big lounge area with fully fitted kitchen, good sized garage with an extra studio, and a nice ground floor terrace with private swimming pool.
Plot
Plot 553m2 Build 130m2 Exterior 245m2
Extras
This property must be seen! close to the Costa Adeje school and just a few minutes away from the 5 star area of Playa del Duque.

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
Paula
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