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4 bed townhouse for sale in Playa Paraiso, Adeje, Spain, 145 m²

Price€379,000
TypeTownhouse
Covered area145 m²
Land area292 m²
Beds4
Bath3
Rooms5
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Environment

4 Bedroom Townhouse

Townhouse for sale in Playa Paraíso, in the “Belvedere” complex. It is 145 m2, is surrounded by garden and terraces of a total of 292 m2, there is a rest area, barbecue and solarium.
The main floor of 48.85 m2 consists of a hall, living room with a covered terrace, separate and fully equipped kitchen, a dining area and a guest toilet. On the upper floor of 45.85 m2 are 3 bedrooms, 1 bathroom and an open terrace of 6.15 m2 overlooking the ravine and the ocean. On the ground floor of 44.25 m2 there is another room, 1 bathroom and a garage for 2 cars.
The solar panels are installed on the roof to provide hot water. The complex has a communal pool, the monthly community fee is 38 euros.
Townhouse is located in a very quiet area, only 5 minutes drive from the beach Playa Paraiso and about 5 minutes from the beach El Puertito, 10-15 minutes from Adeje, where are the shopping centers and supermarkets Lidl and Mercadona.

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

Property Price
Rental Cost
0%
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