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6 bed villa for sale in Playa de las Americas, Spain

ID: 173367
Price€3,500,000
TypeVilla
Beds6
Bath6
Rooms7
Qualify for Residence Permit
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Villa 5th Avenue, Roque Del Conde

Environment
A truly amazing property with fantastic potential. This five storey villa is a dream home which can still be personalised by its new owner and is located at the uppermost part of the desired residential area of Roque del Conde, sheltered by the mountain amidst peace and tranquility, yet within a short drive to all amenities and the southern motorway.
Building
The building consists of five floors. The main front entrance leads into a beautiful living area with cloakroom and automatic doors which lead onto the spacious terrace, offering truly panoramic views of the south coast and the islands of La Gomera, El Hierro and La Palma. There is a separate television room and the modern Xey kitchen is fully fitted and equipped with the latest modern appliances. The upper floor leads onto the master bedroom suite, complete with it´s own "kitchenette" and a very large en-suite bathroom complete with full jacuzzi bath set in marble, free standing bath, double walk-in shower and laundry area. The additional two bedrooms on this floor share a large family bathroom complete with walk-in shower also. The lower ground floor comprises of a three bedroomed guest apartment with its own private access and all bedrooms with designer en-suite bathrooms and a spacious living/kitchen/dining area with its own terrace. The lower fourth floor (which is yet to be completed) comprises of a bodega, cinema, karaoke room and gymnasium and the lower fifth floor comprises of pre-installations for a spa, turkish bath, indoor swimmimg pool, showers, kitchen and disco! The exterior terrace area comprises of a large 10x4m private swimming pool with jacuzzi and spa currents, bar and gazebo.
Plot
760m2 320m2 ( 1500m2 total constructed on five floors).
Extras
Wooden high quality parquet flooring used throughout, Italian designed wooden doors, air conditioning, designer bathrooms. Pre-construction for private lift to all floors from the main outside pool area and terrace. Private pool with jacuzzi and spa currents fitted, pool and whole house and water system can be heated from solar panels. Garage for five cars with direct access to the 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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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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