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4 bed villa for sale in Adeje, Spain, 1759 m²

ID: 173326
Price€950,000
TypeVilla
Covered area1759 m²
Beds4
Bath4
Rooms5
Qualify for Residence Permit
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New villa - Playa Paraiso

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 various bars and restaurants.
Building
This luxuriously brand-new property offers beautiful views over the ocean and the mountains. Arranged over three levels, the interior spans 559m2 with 1.200m2 garden and terrace. The ground floor features a bright living room with beautiful windows reaching from the floor to the ceiling, a half open kitchen area, a large bedroom with dressing room and bathroom. On the first floor there are 3 bedrooms, each with its own bathroom. All rooms have access to a lovely balcony overviewing Playa Paraiso and the coastline. Underground is a big garage of 180m2. The property has an elevator to all floors.
Plot
On the exterior of this stunning villa there are various terraces all around the house, a BBQ area, a lovely wooden pergola, a heated swimming pool and a tennis court. The property is built on a plot of 1200m2 and consists of 559m2 living surface.
Extras
Quiet residential area, private swimming pool, tennis court, quality materials, new construction

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
Helga
Offices in Spain
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