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4 bed villa for sale in Guia de Isora, Spain, 765 m² - photo 1
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4 bed villa for sale in Guia de Isora, Spain, 765 m²

ID: 173409
Price€1,872,500
TypeVilla
Covered area765 m²
Beds4
Bath4
Rooms5
Qualify for Residence Permit
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4 Bedroom Villa - Abama - Guía de Isora

Environment
The Ritz-Carlton Abama Golf & Spa Resort is a 160 hectare ‘finca’ (private estate), located in calm and privileged area of municipality of Guía de Isora in the south-west of Tenerife. Abama features volcanic landscapes, exuberant vegetation with over 300 varieties of plants, trees and palm trees, with breathtaking panoramic views over the Atlantic Ocean and the Island of La Gomera. The owners can benefit of their Abama Membership card in the spectacular golf created by world-renowned golf designer Dave Thomas, other sporting facilities including gym and The Abama Sanchez Casal Tennis Academy with both paddle and tennis courts; the 5 star international branded luxury hotel amenities such as spa and shopping; and 2 Michelin star restaurants: Kabuki is considered to be among the finest Japanese restaurants in the world, with 1 Michelin Star and M.B is the signature 2 Michelin stars restaurant of the world-famous Basque chef Martin Berasategui.
Building
Abama Bellevue consist in building of 8 modern villas with private garden, swimming pool and mini-pool on the first floor. The best plots in Abama, on the first line of golf course and all of them have a stunning view over the ocean and La Gomera. The villas are 4 bedrooms & 4 bathrooms with private closed garage.
Plot
3 or 4 bedroom of approx. 265 m2, plots size from 375 m2 to 650 m2.
Extras
Abama Membership Card that entitles you to various discounts and benefits from The Ritz-Carlton Abama Hotel, Spa and the Golf Course. Possibility to choose interior finishes.

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%
Jane
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