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2 bed house for sale in Adeje, Spain, 70 m² - photo 1
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2 bed house for sale in Adeje, Spain, 70 m²

ID: 275258
Price€349,000
TypeHouse
Covered area70 m²
Land area50 m²
Beds2
Bath2
Rooms3
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Environment

2 bedroom Bungalow for sale in Palo Blanco, San Eugenio Bajo

Situated in this very popular area of San Eugenio Baja and lying close to the seafront is this 2 bedroomed, 2 bathroomed LUXURY SEMI DETACHED BUNGALOW which has been fully refurbished to a very high standard including new pipework, electrics and damproofing etc.It is to be sold fully furnished. Facilities on site include community pool. The property itself lies close to all local amenities

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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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
    House €379,500
    • Covered area: 200 m²
    • 5 rooms, 3 bath
  • Spain, AdejeSpain, Adeje
    Villa €735,000
    • Covered area: 165 m²
    • 4 rooms, 2 bath
    • Covered area: 150 m²
    • 5 rooms, 4 bath
Paula
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