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4 bed a house for sale in Arona, Spain, 260 m² - photo 1
4 bed a house for sale in Arona, Spain, 260 m² - photo 2
4 bed a house for sale in Arona, Spain, 260 m² - photo 3
4 bed a house for sale in Arona, Spain, 260 m² - photo 4
4 bed a house for sale in Arona, Spain, 260 m² - photo 5
4 bed a house for sale in Arona, Spain, 260 m² - photo 6

4 bed a house for sale in Arona, Spain, 260 m²

ID: 248153
Price€299,000
Typea House
Covered area260 m²
Beds4
Bath2
Rooms5
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Environment

4 bedroom House for sale in Valle de San Lorenzo

Ref: I396 - REDUCED FROM 462,000€ - A 4 bedroom house (196m2) with a separate 2 bed apartment in a rural location. The property comprises of 4 bedrooms, 2 bathrooms, big separate kitchen, lounge, large roof terrace with sea views, 50m2 garage, 150m2 workshop and a separate 2 bedroom apartment (60m2). Sold fully furnished.

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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