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8 bed villa for sale in Costa Adeje, Adeje, Spain, 380 m²

8 bed villa for sale in Costa Adeje, Adeje, Spain, 380 m² - photo 1
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8 bed villa for sale in Costa Adeje, Adeje, Spain, 380 m² - photo 8
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8 bed villa for sale in Costa Adeje, Adeje, Spain, 380 m² - photo 14
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8 bed villa for sale in Costa Adeje, Adeje, Spain, 380 m² - photo 19
8 bed villa for sale in Costa Adeje, Adeje, Spain, 380 m² - photo 20
Price€1,700,000
TypeVilla
Covered area380 m²
Land area727 m²
Beds8
Bath7
Rooms9
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Environment

8 Bedroom Villa

8 bedroom villa located in the heart of Golf Costa Adeje, one of the most prestigious areas of southern Tenerife. The property located on a plot of 727m2 is divided into 2 floors. The upper floor consists of 4 bedrooms all with private bathroom and exit to the garden, bright and spacious living room, fully equipped kitchen and beautiful porch with fireplace and view of the pool. The ground floor consists of 4 bedrooms 3 bathrooms and small living room, there is also a garage for 3 cars, storage room and cellar. In the garden surrounding the property there is a heated pool and barbecue area. The Villa has a walkable roof that can be reached from an external staircase and from where there is an unbeatable view of the ocean and the neighboring islands and the golf course.

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%
Company Representatives
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