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4 bed villa for sale in La Orotava, Spain, 660 m²

4 bed villa for sale in La Orotava, Spain, 660 m² - photo 1
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Price€1,800,000
TypeVilla
Covered area660 m²
Beds4
Bath5
Rooms5
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4 bed Villa with 16.000m2 Land - La Orotava

Environment
The finca is situated in one of the most peaceful and green corner of Tenerife. Located in the coastal area of ​​La Orotava and Puerto de la Cruz, you will enjoy exclusivity in a romantic and natural landscape. A short distance from the metropolitan area of Puerto de La Cruz, 24 km from Los Rodeos airport and 35 km from the capital Santa Cruz. Also the natural beaches like El Bollulo, Playa Los Patos Playa Ancon and are within walking distance. It has a spring weather (23 C) which makes the valley shows a incredible landscape.
Building
This beautiful country house has a very generously proportioned bungalow-style layout on the top floor, with a large modern farmhouse style kitchen/diner, utility room and professional standard cold larder. The centre of the house boasts an impressive conservatory leading to two large, double, ceiling fanned bedrooms, each en-suite and each leading on to separate patio areas. The conservatory also leads on to the main living room with its own modern fireplace for chilly days, panoramic window and shady veranda access. The basement of the house has a ´bodega style` entertainment room with its own built-in wine cellar, self-contained kitchen and garden access. There is also a large 4 car garage underneath the house and a workroom with its own toilet and shower.
Plot
The outside of the house is no less impressive. The veranda sweeps onto a leafy patio with a 18x8mx1.50m swimming pool surrounded by shady palms and served by its own pool house, bedroom ,generous shower room and barbeque area. There is even an impressive animal enclosure specifically designed for housing dogs. Boasting spectacular uninterrupted views of the sea and Mount Teide and built on a plot of 16.000m2 surrounded by a beautiful vegetation. 400m2 planted with tropical fruit trees; avocado tree, manga, grapefruit, starfruit, lemon trees and Strelizias.
Extras
• Under floor heating .• Double glazed windows. Aluminium outside / wood inside.• Mosquito nets on all windows and doors.• Aluminium security blinds on all windows.• Automatic sun blinds.• 10 m3 water reserve(garden).• 3000 litre water reserve.(house)• Large cold larder in the annex.• Large aviary.• Huge amounts of spare ceramic tiles for bathrooms, kitchen, etc.There exist good possibilities to convert the property into a small land business. Fruits are periodically collected by wholesales companies and the income from fruit easily covers all maintenance of the st house.property.

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

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Rental Cost
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Jane
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