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

ID: 173382
Price€650,000
TypeVilla
Beds3
Bath2
Rooms4
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3 Bed Villa - El Madroñal de Costa Adeje - Los Girasoles

Environment
The property is located in the residential area of ​​El Madroñal, Costa Adeje in southern Tenerife. The area has all the facilities; schools, supermarkets, shopping centers and cafes. Easy access to the highway and a few minutes fr om the tourist center of the south of the islands and its beautiful beaches.
Building
Detached villa with a spacious lounge, 3 bedrooms, office, 2 baths, terraces and a roof terrace.
Plot
The house is surrounded by a beautiful garden wh ere you can enjoy a beautiful sea view.
Extras
Privat pool and garage for 2 cars.

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%
Paula
Offices in Spain
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