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6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 1
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 2
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 3
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 4
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 5
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 6
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 7
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 8
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 9
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 10
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 11
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 12
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 13
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 14
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 15
6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 16
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6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m² - photo 20

6 bed villa for sale in Santa Cruz de Tenerife, Spain, 1502 m²

ID: 173435
Price€2,000,000
TypeVilla
Covered area1502 m²
Beds6
Bath4
Rooms7
Qualify for Residence Permit
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6 Bedroomed Villa - Santa Cruz de Tenerife

Environment
A FANTASTIC and RARE opportunity to acquire a wonderful villa in a beautiful and quiet area of the capital of the island, Santa Cruz. Salamanca is a residential area of Santa Cruz de Tenerife, which is situated in the heart of the city.The neighbourhood is named after the family who owned the finca in the area where the district is located and which was called originally Llanos de Salamanca. The Salamanca´s of Santa Cruz descended from Francisco de Salamanca, who came to the island in 1510 and the properties in this district are built in the traditional urban architecture of the late nineteenth and early twentieth centuries.
Building
The property has a constructed area of 582 m2 built with high quality materials on a plot of 920 m2. The distribution is as follows:-the ground floor occupies 138 m2 comprising of an office, garage and cloakroom. The first floor has a constructed area of 192 m2 and boasts a main hall, music room, living and dining rooms, pantry, kitchen, spare room and an additional guest cloakroom. The remaining areas are covered by terraces and gardens with a total area of 782 m2. The second floor is distributed over 192 m2 and comprises of six bedrooms and three bathrooms, the master bedroom with its own en-suite. All bedrooms have fitted wardrobes made ​​with high quality wood throughout and the main area has English chestnut parquet flooring . This floor boasts a large balcony with spectacular views over the city and ocean. The third floor has a 60 m2 area and has a bedroom with windows along the whole length overlooking the entire city.
Plot
It has 582 m2 built with high quality materials on a plot of 920 m2. surrounded by 782m2 beautiful terraces and gardens.
Extras
The property has an alarm system.

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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