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8 bed apartment for sale in Arona, Spain, 240 m² - photo 1
8 bed apartment for sale in Arona, Spain, 240 m² - photo 2
8 bed apartment for sale in Arona, Spain, 240 m² - photo 3
8 bed apartment for sale in Arona, Spain, 240 m² - photo 4
8 bed apartment for sale in Arona, Spain, 240 m² - photo 5
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8 bed apartment for sale in Arona, Spain, 240 m² - photo 7
8 bed apartment for sale in Arona, Spain, 240 m² - photo 8
8 bed apartment for sale in Arona, Spain, 240 m² - photo 9
8 bed apartment for sale in Arona, Spain, 240 m² - photo 10
8 bed apartment for sale in Arona, Spain, 240 m² - photo 11

8 bed apartment for sale in Arona, Spain, 240 m²

ID: 173031
Price€945,000
TypeApartment
Covered area240 m²
Beds8
Bath4
Rooms9
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8 Bed Apartment - Los Cristianos - Playa Graciosa

Environment
This nice, well maintained complex is situated in a quiet residential area of Los Cristianos. Restaurants, shops and the center of the town are on walking distance.The apartment is located near the Gran Hotel Arona, bars, restaurants, banks, supermarkets, bus stop and taxi rank. All facilities can be reached within a few minutes on foot. Perfect for the holidays or all year around living!
Building
Two apartments were joined into one to form this impressive home of eight bedrooms, four bathrooms, two separate kitchens and large terraces, plus two parking spaces. A total of 240 m2 indoor surface. The complex Playa Graciosa has fantastic swimming pools, tropical gardens, a security service 24 hours a day (guard and cameras) and has a quiet location. The house is completely furnished and has electric shutters.

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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