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3 bed apartment for sale in Los Cristianos, Arona, Spain, 110 m²

Price€445,000
TypeApartment
Covered area110 m²
Beds3
Bath2
Rooms4
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Environment

3 Bedroom Apartment

The Playa Graciosa Complex has been built to the highest quality standards of Los Cristianos, in a very quiet residential area with marble floors, electric shutters, double glazing, central air conditioning, fully equipped kitchen …
The apartment has 3 bedrooms with built-in wardrobe, 2 full bathrooms, a laundry room, a large and bright living room with access to the terrace of over 40m2 with views of the gardens and pool, also has a terrace of more than 30m2 with South facing where there is sun all day. The price includes a parking space and a storage room of 4m2.
It is located only 10 ‘from the coast walking and 15’ from the downtown area of Los Cristianos.

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%
Amina
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