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5 bed villa for sale in Chayofa, Arona, Spain, 166 m²

Covered area166 m²
Land area430 m²
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5 Bedroom Villa

Cozy and elegant detached villa in Chayofa, very spacious and bright. The property has a total of 5 bedrooms, 4 bathrooms, the constructed area is 245 m2 and the land area is 430 m2. It is divided into two floors, in the form of two complete apartments with separate entrances.
On the ground floor you will find the guest area with a total of 109 m2, with 3 bedrooms and 2 bathrooms, living room, kitchen, an area to relax and play billiard, and several entrances to the terrace and garden, where you can enjoy the jacuzzi and spend time with friends.
On the first floor is the main living area with a total of 99 m2, with a cozy modern covered terrace at the entrance, living room, dining room, office, two bedrooms, one with private bathroom and dressing room, new kitchen fully equipped, as well as another bathroom and an additional terrace with partial sea view with access from the kitchen and from the living room. The property is well maintained, it is sold furnished and equipped, and can be enjoyed from day one. The property has a parking space and is located in a quiet residential area. By car you can reach in 5 minutes all services, supermarket, petrol station, bank, pharmacy, hospital, as well as the village of Los Cristianos.
Community fee is 42 euros per month. Land tax 1100 euros per year. Year of construction 1979.

Extra Сosts when Buying Property

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%
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
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
in Russia
+7 (495) 240-81-87
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