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3 bed villa for sale in Adeje, Spain, 220 m² - photo 1
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3 bed villa for sale in Adeje, Spain, 220 m²

ID: 173419
Price€880,000
TypeVilla
Covered area220 m²
Beds3
Bath3
Rooms4
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3 Bed villa - Playa Paraíso

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 bars and restaurants.
Building
This luxuriously property offers beautiful views over the ocean. Arranged over two levels, the interior spans 220m2 with 1.100m2 garden and terrace. The first floor features a bright living room, a fully equipped open kitchen, two bedrooms, 1 bathroom and one toilet.The second floor consist of the master bedroom an en suite.Each room in the house provides direct access to the garden or terrace and the swimming pool.
Plot
Built in a well cared residential area that offers privacy to its owners.
Extras
Air-condition in the living room, tv and internet in all the rooms.

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
Paula
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