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8 bed villa for sale in Playa de las Americas, Spain, 1500 m²

8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 1
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 2
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 3
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 4
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 5
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 6
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 7
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 8
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 9
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 10
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 11
8 bed villa for sale in Playa de las Americas, Spain, 1500 m² - photo 12
Price€1,550,000
TypeVilla
Covered area1500 m²
Beds8
Bath3
Rooms9
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4 Bed Villa + 4 Apartments on 1500 m2 plot - Torviscas Bajo

Environment
La zona de Torviscas Bajo, se encuentra cerca de muchas de las atracciones locales como el Centro Comercial Gran Sur, que tiene varias tiendas, cines, restaurantes y bares y el supermercado conocido Mercadona. La playa más cercana se encuentra a sólo 10 minutos en coche, a 15 km del aeropuerto de Tenerife Sur. El centro de Las Américas, donde se encuentran los más grandes bares y discotecas está a sólo 5 minutos en coche.
Building
A rural retreat with a villa of 4 bed and 3 bath and 4 adjacent apartment. There are two apartments with 2 bed and two apartments with 1 bed on a plot of 1.500m2 with large gardens and mature trees all around. There is also parking for 4-5 cars. The property is sold UNFURNISHED. Wonderful panoramic views. The perfect place for a rural tourism business.

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%
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Amina
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