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1 bed apartment for sale in Los Cristianos, Arona, Spain, 52 m²

Covered area52 m²
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1 Bedroom Apartment

In a quiet area of Los Cristianos, at the foot of the mountain, there is a residential complex in which this bright one bedroom apartment on sale. The distance to the coast is 500 meters. From the windows of the living room and the terrace there is a partial view of the ocean and the interior part of the complex with beautiful gardens.
The apartment has a total area of 58 meters and is after a complete renovation. The repair is made of the best materials, the kitchen equipped with first class appliances of the brand Gorenie A + of the latest technologies, as well as throughout the apartment the floor is a special coating, new kitchen. New plumbing. Shower cabin. Fully furnished.
Within the complex there is a swimming pool, children’s pool, elevator, gardens.
An excellent option for lovers of silence, but also the proximity to the city center on the other side!
Let yourself enjoy the ocean view every day!

Extra Сosts when Buying Property

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%
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
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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
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
in Russia
+7 (495) 240-81-87
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