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3 bed villa for sale in Adeje, Spain, 93 m² - photo 1
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3 bed villa for sale in Adeje, Spain, 93 m²

ID: 243255
Price€350,000
TypeVilla
Covered area93 m²
Land area260 m²
Beds3
Bath2
Rooms4
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3 bedroom Villa for sale in Villas Teide, Torviscas Alto

Situated in a very popular residential area is this fully refurbished detached villa with 3 bedrooms and 2 bathrooms. It is fully furnished and has sea views. The property is well placed for all local amenities including various commercial centres and the Siam Park is close by. The airport in the south of the Island is within a 20 minute drive.

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

Mortgage Calculator

Property Price
Indicate down payment
Years
Interest Rate
1 572 per month

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

Дополнительные услуги

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
  • Spain, AdejeSpain, Adeje
    House €235,000
    • Covered area: 102 m²
    • 3 rooms, 2 bath
  • Spain, AdejeSpain, Adeje
    Villa €1,600,000
    • Covered area: 147 m²
    • 4 rooms, 4 bath
  • Spain, AdejeSpain, Adeje
    Apartment €365,000
    • Covered area: 150 m²
    • 4 rooms, 2 bath
JaneReal estate sales manager in Adeje
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