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3 bed villa for sale in Adeje, Spain, 694 m² - photo 1
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3 bed villa for sale in Adeje, Spain, 694 m²

ID: 173335
Price€869,000
TypeVilla
Covered area694 m²
Beds3
Bath2
Rooms4
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3 bed villa - El Madroñal

Environment
This beautiful villa is situated in the residential area of El Madroñal on walking distance of the german private school and on only 5 minutes from all other facilities.
Building
You enter the property into a beautiful bright hallway that leads directly to a large kitchen and a spacious dining and living area. The main feature of the property is the splendid large terrace area with private pool to enjoy the sunshine from early mornings to sunset. Furthermore there is one bedroom and one bathroom on the ground floor. The first floor consists out of 2 bedrooms, 1 bathroom and a large balcony with fabulous views. The property has a large underground garage and a large extra room downstairs that can be decorated as a guest apartment.
Plot
The house is built on a plot of 554m2 with a total living surface of 140m2. The balcony on the first floor has a surface of 74m2.
Extras
beautiful private pool, nice area

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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