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3 bed townhouse for sale in Adeje, Spain, 95 m²

3 bed townhouse for sale in Adeje, Spain, 95 m² - photo 1
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Price€950,000
TypeTownhouse
Covered area95 m²
Beds3
Bath2
Rooms4
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Luxury Townhouse Caldera del Rey

Environment
Magnificent, luxury property located in the prestigious area of ​​Costa Adeje - La Caldera. Above Siam Park, 19 kilometers from Reina Sofia Airport and just minutes from downtown and the beaches. La Caldera is located away from the hustle of major tourist destinations of the southern coast of Tenerife, at the same time in the location of this townhouse is not less advantageous than in the house by the sea. Tenerife La Caldera, as well as all the Costa Adeje, considered one of the most attractive areas for investors. Complex Caldera del Rey is newly built and consists of several villas and apartments. The entire construction is made at a high level by using high quality materials.
Building
3 spacious bedrooms with fitted wardrobes (1 bedroom in the suite), living room with access to the terrace, separate fully equipped kitchen, pantry, 2 bathrooms, garage.Beautiful garden with a fountain.High quality materials.
Plot
Living area: 95 m2Plot: 400 m2
Extras
Buy a house in Tenerife in Adeje area - it means to provide themselves with profitable real estate, which has universal characteristics: convenience for living and high liquidity in the event of a subsequent sale or rental. Tenerife Adeje area is considered one of the most prestigious and comfortable to stay. Townhouse is fully furnished, furnishings included.

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
1 639 per month
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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%
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