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3 bed townhouse for sale in Arona, Spain, 235 m²

3 bed townhouse for sale in Arona, Spain, 235 m² - photo 1
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3 bed townhouse for sale in Arona, Spain, 235 m² - photo 9
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3 bed townhouse for sale in Arona, Spain, 235 m² - photo 14
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3 bed townhouse for sale in Arona, Spain, 235 m² - photo 19
3 bed townhouse for sale in Arona, Spain, 235 m² - photo 20
Price€650,000
TypeTownhouse
Covered area235 m²
Beds3
Bath3
Rooms4
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3 Bedroom Townhouse in Los Cristianos - El Rincon

Environment
El Rincon is a quite new and well-maintained complex in Los Cristianos. The nearest beach is just 5 minutes walk. There are two swimming pools and tropical gardens.
Building
This home features 3 bedrooms, 3 bathrooms, cloakroom, large separated kitchen, living room, dining area and laundry room. Mountain view, partial sea view.
Plot
Living area 235 m2 and 96 m2 of terraces and garden
Extras
Jacuzzi, 2 parking spaces in underground community parking

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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