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3 bed townhouse for sale in Adeje, Spain, 231 m²

3 bed townhouse for sale in Adeje, Spain, 231 m² - photo 1
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Price€553,000
TypeTownhouse
Covered area231 m²
Beds3
Bath3
Rooms4
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Таунхаус в Villas del Duque

Townhouse located in a prestigious complex of Villas del Duque, Costa Adeje. Comprising three bedrooms, three bathrooms, living room, independent fully equipped kitchen, solarium and two large terraces with great views over the mountains. This townhouse comes with a storage room, two garage places and is sold fully furnished. It is possible to create an additional bedroom. The complex has a heated pool and beautiful garden. Total area 231m2.

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

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