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3 bed villa for sale in Arona, Spain, 750 m²

ID: 173431
Price€1,680,000
TypeVilla
Covered area750 m²
Beds3
Bath3
Rooms4
Qualify for Residence Permit
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3 Bed Monaco's Princess Stefania Villa - Chayofa

Environment
Total privacy and tranquility, but Los Cristianos beaches are within a 5 min drive. Ideal property for someone is search of design, style and 100% quality. The urbanization of Chayofa is provided with several villas and townhouses. It has lush vegetation and pleasant climate throughout the year.
Building
Total restauration was done in 2009, everything is new apart from the walls. Lougne with a chimney and an open plan kitchen, dining room, 3 bedrooms, 3 bathrooms with power showers, dressing room, italian kitchen with an island, central air con., electric blinds, water filter, double glazed windows. In the lower part of the villa there is an independent quality studio apartment 60 m2 with no view, equipped with a good kitchen, bathroom, air con and internal phone line that can be used for house service. Apart from that there is an underground floor 170 м2 with a pool pump, storage room, etc.
Plot
Surrounding the property a beautiful garden; Audio system B&W throughout the house and on the terrace, nice pool with counterflow, 230 lights around the property, cream sofas with leather used on luxury yahts, open Jaccuzzi for 6 persons, tropical garden with a computer irrigatin system, BBQ, alarm, panoramic views over the ocean, the island and the coast.
Extras
Tenerife´s summer chalet that belonged to Stefania - the *Princess of Monaco*. Designer project 250 m2 on a 500 m2 plot, built in an Ibiza style with plenty of taste in every detail. Mentioned in the architecture catalogues. Palisander floors, wooden entrance door of XIV century, and high ceilings in spacious rooms. Everything is done with an utmost quality and care.

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
Paula
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