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3 bed villa for sale in Arona, Spain, 1280 m²

ID: 173422
Price€1,500,000
TypeVilla
Covered area1280 m²
Beds3
Bath3
Rooms4
Qualify for Residence Permit
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3 Bed Villa - Parque de La Reina

Environment
Property located in Cho, a quiet area within the municipality of Arona. Right next side is the residential area of ​​Parque de la Reina with its schools, shops, parks and a few café-restaurant. A few minutes from the motorway, 2 km from the Golf Courses "Golf del Sur" and Amarilla Golf ". Reina Sofia Airport only 6 km.
Building
This cozy home features 1 lounge, dining room, kitchen, 1 library area, 3 bedrooms and 3 bathrooms, 2 with dressing room.It also has solar panels and water engines. Sold furnished.
Plot
A beautiful villa with a plot of 10,000 m2. Enjoy the fantastic garden with private pool.
Extras
Solar panels and water engines.

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
2 588 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%
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    • Covered area: 550 m²
    • 8 rooms, 7 bath
  • Spain, AronaSpain, Arona
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    • Covered area: 65 m²
    • 2 rooms, 1 bath
Jane
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