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5 bed villa for sale in Arona, Spain

ID: 173215
Price€1,800,000
TypeVilla
Beds5
Bath3
Rooms6
Qualify for Residence Permit
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10.900 m2 Estate with a 5 Bed Villa - Arona

Environment
This unique villa is situated on only 10m of the coastline of Los Cristianos. The promenade leads you in less than 5 minutes to all amenities like supermarkets, shops, bars, restaurants, etc. Beautiful views towards the mountains, the coast and the harbour of Los Cristianos can be enjoyed from the garden, the living room and the bedrooms.
Building
Spacious estate close to Arona with private access road, 10.900 m2 grounds in various levels, mature garden with fruit trees, caves. Heated and covered swimming-pool, garage, 2 guest-apartments, 5 bedroom main house with various terraces and spectacular views of the coast and mountains. Very quiet location with a total privacy.

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
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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%
  • Spain, AronaSpain, Arona
    Townhouse €560,000
    • Covered area: 152 m²
    • 5 rooms, 3 bath
  • Spain, AronaSpain, Arona
    Villa €3,900,000
    • Covered area: 550 m²
    • 8 rooms, 7 bath
  • Spain, AronaSpain, Arona
    Apartment €207,500
    • Covered area: 65 m²
    • 2 rooms, 1 bath
Jane
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