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3 bed apartment for sale in Playa de las Americas, Spain, 163 m² - photo 1
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3 bed apartment for sale in Playa de las Americas, Spain, 163 m²

ID: 173148
Price€500,000
TypeApartment
Covered area163 m²
Beds3
Bath2
Rooms4
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3 Bed Penthouse - San Eugenio Alto - Island Village heights

Environment
Luxury and modern penthouse constructed on one level. Located in the south of Tenerife, the property boasts spectacular, panoramic views over the Atlantic coast and is situated in the quiet neighbourhood of ​​San Eugenio Alto. the property is situated in a private, gated complex.Within a short distance there are beaches, the promenade, shops, supermarkets and restaurants. The complex is fully equipped with security, parking, mini-market, gymnasium and an outdoor swimming pool.
Building
The penthouse boasts a unique layout and is exquisitely furnished. The property comprises of a spacious living room with dining area, fully equipped kitchen, hall, three bedrooms, two bathrooms and a guest cloakroom. Luxury appliances, furniture and decor combined together, give an amazing symphony of luxury and comfort.
Plot
The living room, thanks to special glass gives an illusion of being invisibly connected to the outside space and allows you to admire the fantastic sea views from all over the property. The pool can be accessed via the terrace.
Extras
Ideal "high end" living perfect for permanent residence or a holiday home.

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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Interest Rate
863 per month
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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%
Helga
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