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5 bed villa for sale in Adeje, Spain

5 bed villa for sale in Adeje, Spain - photo 1
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5 Bedroom Villa - Bahia del Duque - Villas del Duque

This villa is located in the prestigious and sought after residential development of Villas del Duque in the exclusive El Duque area of Costa Adeje. The property has a privileged position on the complex occupying a corner plot and just away from the communal pool area, ensuring privacy and relaxation. Constructed over 3 floors with spacious living areas both inside and outside the property. A fully independent kitchen with exterior utility area, a large lounge with dining area, a guest bedroom and shower room and a large rear patio area are all found on the ground floor. The upper level has a further guest bedroom and bathroom and the master bedroom with its own ensuite bathroom. Polished natural stone floors occupy the ground level whilst beautiful wooden floors are found upstairs adding to the sense of comfort and luxury. The master bedroom has a private balcony. Perhaps the real surprise of this house is the basement level where a further three rooms have been added for extra accommodation, the largest benefitting from skylights to add plenty natural light. A fully fitted bathroom is also on this level and a private look up garage with direct access into the property.

Extra Сosts when Buying Property

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%
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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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
Offices in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
Office in UK
Office in Russia
+7 (495) 240-81-87
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