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4 bed villa for sale in Arona, Spain, 5621 m²

ID: 173255
Price€795,000
TypeVilla
Covered area5621 m²
Beds4
Bath4
Rooms5
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2 Bed Villa + Guest house 2 dorm. + 5.300 m2 - Arona

Environment
Property located in Vento, a quiet area within the municipality of Arona. Right next the center of Arona with its schools, shops, medical center, parks and a few café-restaurant. 10 minutes from the motorway, and from the Golf Courses. Reina Sofia Airport is only a 20 minutes drive. With a good public transport connection.
Building
Unique villa up in the mountains with panoramic views of the coast line and the neighboring islands. 15 min drive to Arona, 25 min drive to the beaches of Los Cristianos y Las Americas. The 5.300 m2 plot is converted into an ecological garden with fruit trees and exotic plants. Constructed area of the main villa is 321 m2. There are 2 terraces and 3 balconies. Lots of light and space. The ground floor has a spacious hall, a separate, fully equipped 25 m2 kitchen, a lounge with a chimney, a dining room with high windows, a bedroom and a toilet. The upper floor has a library, and the master bedroom with its own bathroom, a dressing room and a terrace. The underground floor that is 200 m2 big has a bodega to produce and store wine, a gym, a hobby room and a laundry. Apart from the main villa there is a fully restored very nice 40 m2 Canarian house with 2 bedrooms, a kitchen and a bathroom, that will be highly appreciated by your guests.

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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    • Covered area: 152 m²
    • 5 rooms, 3 bath
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    • Covered area: 550 m²
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