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4 bed villa for sale in Adeje, Spain, 6000 m²

ID: 173368
Price€3,050,000
TypeVilla
Covered area6000 m²
Beds4
Bath3
Rooms5
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4 Bed Villa - Los Olivos - Adeje

Environment
Los Olivos is a lovely neighbourhood situated within the municipality of Adeje, ideal for those who wish to reside on the outskirts of the tourist areas in the south of Tenerife, but within easy access of all amenities. Surrounded by nature and cloaked by mountains enjoy the all year round Canarian climate. The old town of Villa de Adeje is within only one kilometres distance and boasts charming restaurants and bars schools, colleges, clinics and commercial centres. Golf enthusiasts can enjoy the stunning Adeje Golf course and sports enthusiasts enjoy the modern facilities of the Galeon Sports Centre and "T3". The beautiful Bahia Del Duque beach is also only a short car journey away.
Building
Fall in love with this exquisitely decorated and elegant four bedroomed property the moment you step inside! Comprises also of three bathrooms, living-dining room, separate TV room, totally equipped and modern kitchen, pantry and office. The majority of the rooms have access to the ample terrace which offers stunning views.
Plot
The house is surrounded by a large beautiful garden with various types of fruit trees. There is also a separate studio with bathroom, washing room and a bodega with a large room ideal for parties with friends and family.
Extras
The private pool has an independent dining area with bar and bathrooms.

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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