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3 bed villa for sale in Arona, Spain, 15000 m²

ID: 173308
Price€1,785,000
TypeVilla
Covered area15000 m²
Beds3
Bath2
Rooms4
Qualify for Residence Permit
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3 Bed Villa on 15.000 m2 plot - Arona - La Sabinita

Environment
Beautiful Villa situated in the Area of La Sabinita, in the Municipality of Arona. With this location you can enjoy Panoramic views of the Atlantic Ocean all the way across to the island of La Gomera.
Building
Fantastic 15.000 m2 with a country house and farm for sale in the south of Tenerife, in the area of Arona. The house (260 m2 + garage 140 m2) with 3 bedrooms, 2 baths. Private swimming pool. There is also a big 60 m2 wine cellar, workshop of 32 m2, a BBQ area + several rooms for agricultural use. Just 15 minute drive from the beaches of Los Cristianos. Total privacy. All documents are in order.
Plot
15.000 m2 land; Living area 260m2; Total area 492m2
Extras
Swimming Pool, Wine Cellar, BBQ

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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