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3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 1
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 2
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 3
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 4
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 5
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 6
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 7
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 8
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 9
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 10
3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m² - photo 11

3 bed apartment for sale in Santa Cruz de Tenerife, Spain, 310 m²

ID: 173144
Price€950,000
TypeApartment
Covered area310 m²
Beds3
Bath2
Rooms4
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3 Bed Apartment - Santa Cruz de Tenerife - Avenida Anaga

Environment
City Living!! The Anaga avenue is a long avenue that runs from the oriental side of the Tenerife capital Santa Cruz! It takes its name in honour of an ex-Mayor of the city and distinguished ex President of the Canarian Government and runs from the port to the Plaza de España in the centre. Bustling with shops and cafés, this road is also used in Carnaval and is also one of the principal entrances and exits to the city and therefore the property is situated in a prime location.
Building
The apartment comprises of three bedrooms, a large living room, dining room, kitchen, laundry room, office, separate TV room, cloakroom and two balconies. The master bedroom boasts an en-suite bathroom with jacuzzi and dressing room. The additional two bedrooms share a family shower room. The apartment offers wonderful views over the bustling avenue and over the Santa Cruz port.
Plot
310 m2 one floor
Extras
Heating pump. Parquet flooring and air conditioning throughout. Possibility of acquiring two garage/parking spaces.

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
1 639 per month
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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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