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4 bed townhouse for sale in Adeje, Spain, 215 m² - photo 1
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4 bed townhouse for sale in Adeje, Spain, 215 m² - photo 5
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4 bed townhouse for sale in Adeje, Spain, 215 m² - photo 7
4 bed townhouse for sale in Adeje, Spain, 215 m² - photo 8
4 bed townhouse for sale in Adeje, Spain, 215 m² - photo 9
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4 bed townhouse for sale in Adeje, Spain, 215 m² - photo 11
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4 bed townhouse for sale in Adeje, Spain, 215 m² - photo 13
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4 bed townhouse for sale in Adeje, Spain, 215 m²

ID: 173008
Price€520,000
TypeTownhouse
Covered area215 m²
Beds4
Bath2
Rooms5
Qualify for Residence Permit
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4 bed townhouse - El Madroñal

Environment
The house is situated in the beautiful residential area of El Madroñal. On just a few minutes by car you find various shopping centres, beaches, golf courses, the highway and a private school.
Building
This semi detached house is build on 3 floors. In the underground level you can find an enormous private parking. There is a direct access from the garage to the house that brings you right to the ground floor. On the ground floor there is a bright living area with access to the terrace and garden area, a kitchen with access to a fenced patio, a washroom and a separate toilet. On the first floor there are 3 bedrooms and 2 bathrooms (1 en suite). From the master bedroom there is an access to a balcony with lovely sea views and on the top floor there is a spacious roof terrace with panoramic views over Costa Adeje, the ocean and the mountains. The house is sold unfurnished.
Plot
The house is build on a plot of 215m2.
Extras
Spacious garage, quiet area, precious views

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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Interest Rate
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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
    Flat €169,000
    • Covered area: 53 m²
    • 3 rooms, 1 bath
  • Spain, AdejeSpain, Adeje
    Flat €590,000
    • Covered area: 172 m²
    • 4 rooms, 2 bath
  • Spain, AdejeSpain, Adeje
    Townhouse €299,000
    • Covered area: 130 m²
    • 4 rooms, 2 bath
Paula
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