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3 bed townhouse for sale in Adeje, Spain, 213 m² - photo 1
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3 bed townhouse for sale in Adeje, Spain, 213 m²

ID: 173012
Price€550,000
TypeTownhouse
Covered area213 m²
Beds3
Bath3
Rooms4
Qualify for Residence Permit
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Townhouse - Bahía del Duque - Villas del Duque

Environment
A splendid, luxury townhouse situated in the elegant and prestigious "Del Duque" area in the south of Tenerife. All amenities are within close proximity including the beautiful beach, finest restaurants and bars. This lovely property has been constructed using only the finest quality materials, achieving the most highest standards of quality and luxury including marble flooring, luxury bathrooms (including large hydromassage bath) and natural stonework. The Reina Sofia south airport is only fifteen minutes away by car.
Building
The property comprises of three bedrooms, three bathrooms, a large living room and dining area, a modern fully fitted and equipped kitchen with all modern and luxury appliances, laundry room, spacious terraces with views of the lovely communal gardens, a roof top barbecue area, private double garage and lock up.
Plot
This superb home has a constructed area of 213 m2 and terraced area of 58 m2 The complex boasts three splendid swimming pools, including a children´s pool and one of which is always heated.
Extras
The property is being sold in perfect condition and there are plans and a project for an additional bedroom and a separate apartment/cinema room in the basement area. Security cameras. To be sold fully furnished.

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
Helga
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