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2 bed apartment for sale in Los Cristianos, Arona, Spain, 79 m²

Price€336,000
TypeApartment
Covered area79 m²
Beds2
Bath2
Rooms3
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Environment

2 Bedroom Apartment

Excellent duplex apartment with two bedrooms and two bathrooms in one of the best complexes in Los Cristianos. With two swimming pools, one for adults and a children’s pool, as well as beautiful gardens. Very bright and cozy. The property has a separate private entrance and a total of 138 m2, which are divided as follows: On the ground floor there is a front terrace with 39 m2, kitchen, toilet, living room and another terrace with pool view with 15 m2. Upstairs there are two bedrooms and a bathroom; one bedroom has a balcony with 5 m2 and partial sea view, the other has views of the Teide. The property includes a closed garage of 14 m2 and a storage room of 5 m2. The community fee is 150 euros per month. Annual tax 520 euros per year. Year of construction 2002.

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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Interest Rate
580 per month
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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%
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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