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3 bed villa for sale in Adeje, Spain, 330 m²

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Price€1,380,000
TypeVilla
Covered area330 m²
Beds3
Bath3
Rooms4
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3 Bed Exclusive Villa - San Eugenio Alto - Caldera del Rey

Environment
Individual, fully furnished villas in the region of San Eugenio Alto. Caldera del Rey; an area declared as a natural area of national interest. Here we find a newly built development. The houses all have an edgy style with fantastic views to the entire coastline of Tenerife Sur. Caldera del Rey is a clear reflection of what economic growth means in the area. At its feet the famous theme park Siam Park. A short drive around to the center of Playa de Las Americas, schools, fabulous shopping, restaurants and more.
Building
Modern villa with magnificent views. Entering have a living room with direct access to covered terrace and a fully equipped kitchen. At the top has office and 2 double bedrooms with magnificent views, both with en suite. On the ground floor, large garage for 2 cars, independent 1 bedroom apartment with kitchen and bathroom, and a gym with Jacuzzi.
Extras
Beautiful garden with heated pool. Elevator. Garage. Storage room. Terrace. Pool. Garden.

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
    Villa €1,390,000
    • Covered area: 300 m²
    • 5 rooms, 4 bath
  • Spain, AdejeSpain, Adeje
    Villa €1,645,000
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    Villa €1,440,000
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  • Spain, AdejeSpain, Adeje
    Villa €1,500,000
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    Villa €1,290,000
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    • 5 rooms, 3 bath
  • Spain, AdejeSpain, Adeje
    Villa €1,175,000
    • Covered area: 260 m²
    • 5 rooms, 3 bath
Helga
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