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5 bed villa for sale in Playa de las Americas, Spain, 516 m² - photo 1
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5 bed villa for sale in Playa de las Americas, Spain, 516 m² - photo 8
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5 bed villa for sale in Playa de las Americas, Spain, 516 m²

ID: 173256
Price€690,000
TypeVilla
Covered area516 m²
Beds5
Bath4
Rooms6
Qualify for Residence Permit
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5 Bed Villa - Las Americas - San Eugenio Alto

Environment
The area of Torviscas Alto, Roque del Conde is located near many local amenities such as the Commercial Centre Gran Sur which has several shops, cinema, restaurants and bars and the well-known supermarket Mercadona. The closest beach is situated only a 10 min drive away, 15km away fr om Tenerife South Airport. The centre of Las Americas, wh ere the biggest bars and discotheques are located is only 10 minutes away by car.
Building
Cozy villa next to Exit Palace in just 10 min walk from the beach. 5 bedrooms, 4 bathrooms, huge kitchen. The total of 250 m2 on three levels. Garage, and space for a pool. Built in a classic style. Sea views.

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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