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3 bed apartment for sale in Granadilla de Abona, Spain, 80 m²

Covered area80 m²
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3 Bedroom Apartment

La Tejita Residencial in Sotavento is located in the south of Tenerife, just 10 minutes from the Reina Sofía airport. Located at the foot of the majestic and elegant Montaña Roja and on the shores of La Tejita Beach. The urbanization strategically positioned between the fishing villages of Médano and Los Abrigos stands out for its discretion and integration with the natural environment that surrounds it: The Protected Special Nature Reserve of Montaña Roja. La Tejita Residencial is the ideal place to live and enjoy an exceptional quality of life. The houses with a modern and minimalist style in which the straight lines and neutral colors prevail are composed of 3 bedrooms, a fully equipped open plan kitchen, living room, 2 or 3 bathrooms, solarium and terrace; the properties are sold with private garage and storage room. The complex has swimming pools and large garden areas. Close to shops and entertainment venues. In construction. Delivery scheduled for October 2020. Possibility to visit a show room.

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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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
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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