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3 bed villa for sale in Playa de las Americas, Spain, 856 m² - photo 1
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3 bed villa for sale in Playa de las Americas, Spain, 856 m² - photo 8
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3 bed villa for sale in Playa de las Americas, Spain, 856 m²

ID: 173344
Price€685,000
TypeVilla
Covered area856 m²
Beds3
Bath3
Rooms4
Qualify for Residence Permit
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Beautiful 3 bed villa - Torviscas Alto

Environment
This precious property is situated in Torviscas Alto, a quiet residential area on the hills of Costa Adeje. All amenities like super markets, restaurants, schools, golf courses, bars and shops are on only a few minutes by car.
Building
This villa is build on 3 floors. Starting with the ground floor where there are 2 bedrooms, 2 bathrooms, a separate kitchen and a living area with direct acces to the terrace and pool area. On the first floor you find a large master bedroom, with walk in closet and a spacious bathroom with shower and the possibility to install a jacuzzi. The master bedroom is surrounded by a large balcony with beautiful views over the island. Furthermore there is an underground garage with place for at least 4 cars.
Plot
The property is built on a plot of 595m2.
Extras
Nice and quiet area, large garage, precious views, private pool

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
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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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