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4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 1
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 2
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 3
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 4
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 5
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 6
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 7
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 8
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 9
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 10
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 11
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 12
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 13
4 bed townhouse for sale in Playa de las Americas, Spain, 262 m² - photo 14

4 bed townhouse for sale in Playa de las Americas, Spain, 262 m²

ID: 173013
Price€670,000
TypeTownhouse
Covered area262 m²
Beds4
Bath3
Rooms5
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Sunny semidetached Villa - Parque Santiago I - Playa de Las Américas

Environment
This exquisite resort is located in the heart of Playa de Las Américas in the south of Tenerife. Parque Santiago I commands an extremely enviable, beach front position, with the choice of several beaches accessible via Geranium Walk, the seafront promenade which provides easy access to all areas of the resort. The complex has a wonderful, swimming pool surrounded by a spacious sunbathing area, set in tropical gardens of palm trees and flowers. It is one of the few swimming pools in Tenerife that are heated during the winter months from October to April. The promenade,"Milla de Oro" (the golden mile) is busy and full of life, with lots of shops and restaurants within walking distance from the complex.
Building
This is a lovely two-storey semi-detached villa with a bright, sunny garden and terraces. The property comprises of four bedrooms, three bathrooms, fully equipped kitchen, living/dining room with the access to the garden.
Plot
The house has 132 m2 and a beautiful well-maintained garden of 130 m2.
Extras
The villa was recently fully renovated. Community fee is 375 € per month.

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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