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2 bed a house for sale in Granadilla de Abona, Spain, 200 m²

Typea House
Covered area200 m²
Land area1141 m²
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2 Bedroom House

For sale beautiful finca with cave house, in the town of Chimiche (Granadilla de Abona). It is a rustic property but with a house included in the title deed.
The finca has 1141 m2, and the house is about 200 m2 approximately.
It has an outdoor patio for a large number of cars with a large 11 × 5 m wooden pergola.
The house has 2 bedrooms, living room, very spacious kitchen with pantry, large interior terrace and a bathroom.
It also has a roof terrace.
Outside there are 3 large and stepped orchards, planted with several fruit trees.
The finca has views to the sea, you can see the island of Gran Canaria in its entirety and it also has views of the mountain, seeing the peak of Mount Teide.
It has a road that connects directly with the southern highway and very close to the tourist town of El Medano approximately 10 minutes.
The house has water, electricity, satellite television and fiber optic telephone.
In the town of Chimiche it is mainly sunny all year round and it is a very quiet area.
This property is perfect for holding events and for holiday rentals.

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

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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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