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6 bed villa for sale in Adeje, Adeje, Spain, 279 m²

Covered area279 m²
Land area350 m²
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6 Bedroom Villa

Villa Magma is all about the fabulous views over the resort and across the ocean to the neighbouring islands. The panoramic scenery from the terrace is breath-taking. Very elegant 6 bedroom property is spacious inside and out. It has 2 living areas and 2 kitchens, it is a great opportunity for large family. Just a 5 minute drive takes you to the resorts of Costa Adeje, Torviscas and Fañabe.
Villa has a land plot of 350 m2, total area is 279 m2 spread over three floors and all area is usefull.
Has 6 bedrooms, 4 ensuite bathrooms, 1 bathroom and 1 guest toilet. Air conditioning in the bedrooms, pool heating. The private swimming pool is located at the rear of the villa overlooking the South of Tenerife – a great spot for enjoying the sunsets.
On the lower ground floor there is 1 double and 1 twin bedroom, both with an en suite shower room. This floor can be accessed via the stairs in the villa or by a private entrance at the front of the house.
On the ground floor there are 1 double and 1 twin bedroom with a shared bathroom in between as well as separate WC.
The remaining 2 large double bedrooms are located on the first floor. One of them has an en suite bathroom and private terrace overlooking the swimming pool with great views out across the resort and ocean. The over double bedroom has an en suite shower room and a small private balcony and ocean views.

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

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