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

ID: 172973
Price€660,000
TypeTownhouse
Beds3
Bath2
Rooms4
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3 Bed Villa - Las Americas - Parque Santiago II

Environment
This lovely property is located on the ever popular and desirable Parque Santiago II complex in the centre of Playa de Las Américas. The community is excellently maintained, very clean and very secure with beautiful gardens and boasts a large salt water communal swimming pool which is heated during the winter months. The apartment is situated right opposite the beach and the promenade with the best shops, restaurants and bars only five minutes away!!
Building
Beautiful corner 3 bed villa in the heart of Las Americas at the "Golden Mile" in one of the most popular Communities in the south of Tenerife - Parque Santiago 2. The two-story house has 3 bedrooms, 2 bathrooms with shower, 1 separate toilet, bright, open kitchen and large living room on two levels, which go to the sunny terrace that goes around the villa, with an outside Jacuzzi. Two terraces on the upper floor overlooking the gardens. Situated on a very quiet walking street with no traffic, and has a direct access to the beautiful community pool. The property is being sold fully furnished.

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%
Paula
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